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🚨 $TAO /USDT Short Trade Alert 🚨
📉 Current Price: $255.6 (-7.49%)
📊 24H High: $280+
📉 24H Low: $238
Trade Setup
🎯 Targets:
TP1: $250 ✅
TP2: $245
TP3: $238
🛑 Stop Loss: $267
📊 Market Insight:
Descending channel breakout, indicating continued bearish momentum.
Multiple rejections at resistance zones, confirming weakness.
Break below $255 could trigger further downside.
🔥 Pro Tip:
Monitor volume—high selling volume supports the short thesis.
Consider partial exits—secure profits as price moves in favor.
Wait for retests—entries near resistance levels improve R:R.
⚠️ Risk Management:
Keep SL above $267—a break above invalidates the setup.
Avoid overleveraging—high volatility zone.
🚀 Trade Smart & Stay Profitable!
#TAO#
#CryptoMarketWatch ##JobsReportShock ##TexasBTCReserveBill ##Trump’sExecutiveOrder #