$TAO moved up earlier from the 280 area and pushed close to 302, but after that move, price failed to hold the highs and started trading sideways with a slow pullback. Right now, it is trading around 291 – 292, which is an important support zone inside this range. The main resistance sits near 298 – 302, where price has been rejected multiple times. On the downside, 288 – 285 is strong support, and this zone has already held buyers before. This price action shows consolidation after a move, not a breakdown.

This is not a trend reversal, but a range-based reaction scalp from support. Selling pressure looks controlled, and price is trying to stabilize near the lower boundary of the range. If buyers defend this zone, a bounce back toward resistance is likely for a quick scalp. Invalidation is clear — if a strong 15-minute candle closes below 285, the long idea is wrong and downside momentum may continue. Trade patiently, take profits fast, and don’t force entries.

Scalp Trade Plan

Long

Entry Zone: 292 – 288

TP1: 298

TP2: 302

Stop Loss: 284

Leverage: 20x – 40x

Margin: 2% – 5%

Risk Tip: Book partial profit at TP1 and trail stop to entry

Long #TAO Here 👇👇👇

TAOUSDT

دائم

189.88

+1.13%