TAO is tearing through resistance, the price is ripping past the last swing high with raw momentum.
🔴 $TAO SHORT 📉 — Trade Plan
• Entry: $232.8569 – $233.3231
• Stop: $240.0827 (-3.0%)
• Target 1: $229.5936 (+1.5%)
• Target 2: $221.4355 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The CHoCH broke the bullish structure while the CVD surged confirming sellers, and a clear FVG aligns with the OB, creating a POI confluence that screams short. The market is now in a tight down‑trend channel, making the next pull‑back a prime target for the short entry.
A 3.0% stop is fairly tight on this swing, so keep leverage modest, around 2‑3x.
Take the first profit slice around the 1.7 R target as price hits the initial resistance zone.
As always: manage your risk, this is not financial advice 🙏
$TAO #TAOUSDT #ZECHitsANewAllTimeHigh #TradingSignals #Write2Earn
🔴 $TAO SHORT 📉 — Trade Plan
• Entry: $232.8569 – $233.3231
• Stop: $240.0827 (-3.0%)
• Target 1: $229.5936 (+1.5%)
• Target 2: $221.4355 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The CHoCH broke the bullish structure while the CVD surged confirming sellers, and a clear FVG aligns with the OB, creating a POI confluence that screams short. The market is now in a tight down‑trend channel, making the next pull‑back a prime target for the short entry.
A 3.0% stop is fairly tight on this swing, so keep leverage modest, around 2‑3x.
Take the first profit slice around the 1.7 R target as price hits the initial resistance zone.
As always: manage your risk, this is not financial advice 🙏
$TAO #TAOUSDT #ZECHitsANewAllTimeHigh #TradingSignals #Write2Earn