$TAO — ngl, the cleanest read is that it is a patience trade on the short side as the hourly action is printing clear lower highs within the range. The most recent rejection wick at the upper boundary suggests downside pressure is in control, supported by the bearish trend on the four-hour chart. A decisive close below the immediate range floor would confirm the continued bearish bias for this trade.

Execution plan (TAOUSDT — SHORT)
Entry: 263.45 - 264.13 | SL: 265.12
Take profit: 262.46 → 261.39 → 260.05

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