๐จ $TAO REJECTS KEY RESISTANCE AS BEARISH STRUCTURE TAKES CONTROL! ๐
Entry: 231.5 - 233.2 ๐ฅ
Target: 225.3 ๐ฏ
Stop Loss: 235.3 โ ๏ธ
Institutional supply continues to cap upside expansion for $TAO after a failed breakout attempt into the 233-235 resistance zone. ๐ Lower timeframe market structure on the 15M has shifted distinctly bearish, confirming seller control as price slips back beneath 232.
๐ The immediate inefficiency lies downward, with liquidity pools resting near 230, 228, and down to the primary target at 225.3. ๐ Unless buyers reclaim 235.3 on a structural closing basis, order flow strongly favors further downside distribution.
๐ฌ Will sellers sweep the lower liquidity zone at 225.3 before any meaningful demand response, or are you expecting a reclaim attempt? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #TAO #ShortSetup #MarketStructure #Crypto
๐ป ๐ฏ
Entry: 231.5 - 233.2 ๐ฅ
Target: 225.3 ๐ฏ
Stop Loss: 235.3 โ ๏ธ
Institutional supply continues to cap upside expansion for $TAO after a failed breakout attempt into the 233-235 resistance zone. ๐ Lower timeframe market structure on the 15M has shifted distinctly bearish, confirming seller control as price slips back beneath 232.
๐ The immediate inefficiency lies downward, with liquidity pools resting near 230, 228, and down to the primary target at 225.3. ๐ Unless buyers reclaim 235.3 on a structural closing basis, order flow strongly favors further downside distribution.
๐ฌ Will sellers sweep the lower liquidity zone at 225.3 before any meaningful demand response, or are you expecting a reclaim attempt? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #TAO #ShortSetup #MarketStructure #Crypto
๐ป ๐ฏ
