TAO's dropping into a clear downtrend, ready for a short swing. The price just busted the swing low, giving us a clean entry.
🔴 $TAO SHORT 📉
Entry → $304.8349-$305.4451
Stop → $314.2942 (-3.0%)
TP1 → $300.5629 (+1.5%)
TP2 → $289.8830 (+5.0%)
R/R 1:1.7 • Confidence 64%
We got a CHoCH on the 1h, volume’s backing it with a confirming CVD, while a fair‑value gap sits right under the broken order block. The overlap of the OB and FVG creates a POI that pins the market, making the short look solid.
A 3.0% stop is a bit tight for a 1:1.7 target, so stick to low leverage like 2‑3x.
Take half off at the first profit zone to lock in some cash.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$TAO #TAOUSDT #koreaproposestokenizingstocksandbonds #TradingSignals #Write2Earn
🔴 $TAO SHORT 📉
Entry → $304.8349-$305.4451
Stop → $314.2942 (-3.0%)
TP1 → $300.5629 (+1.5%)
TP2 → $289.8830 (+5.0%)
R/R 1:1.7 • Confidence 64%
We got a CHoCH on the 1h, volume’s backing it with a confirming CVD, while a fair‑value gap sits right under the broken order block. The overlap of the OB and FVG creates a POI that pins the market, making the short look solid.
A 3.0% stop is a bit tight for a 1:1.7 target, so stick to low leverage like 2‑3x.
Take half off at the first profit zone to lock in some cash.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$TAO #TAOUSDT #koreaproposestokenizingstocksandbonds #TradingSignals #Write2Earn