tauusdt

$TA — Short setup, 1H**

TAU's down 3.2% over the last 24 hours, sitting around $0.0533 right now.

RSI is at 52.52, which isn't oversold, but there's a bearish divergence forming. Price is printing lower highs while RSI is printing higher highs. That's usually a sign buyers are running out of gas even as the chart looks like it's holding up.

A break below 0.0520 would confirm the move and open the door toward 0.0495, which lines up with the old consolidation low. Volume below current price is thin, so I wouldn't expect much of a fight on the way down if 0.0520 gives way.

**Levels I'm watching**

Resistance: 0.0545 (recent swing high), 0.0560 (major)

Support: 0.0520 (immediate), 0.0495 (major)

**Trade setup**

Entry: 0.0533

TP1: 0.0520

TP2: 0.0495

Stop Loss: 0.0555

Risk/Reward: roughly 1:1.7

Confidence: 68%

I'd take partial profit at TP1 and trail the rest toward TP2 rather than holding for the full move blind. If price doesn't move within 4-6 hours of entry, I'm out regardless of where it's sitting. This is a momentum read, not a high-conviction thesis, so size it accordingly.

Not financial advice, just how I'm reading the chart. Always manage your own risk and DYOR.

$TA #TAUUSDT #cryptotrading #TechnicalAnalysis