$TAO Bearish Momentum Building 📉
The recent bounce in $TAO is clearly losing follow-through. Upside attempts are getting sold into quickly, and buyers are struggling to defend rebounds. Each push higher is weaker than the last — a classic sign of supply stepping back in.
Lower highs are forming, and momentum is starting to tilt back toward the sellers. The tape feels heavy, with distribution pressure increasing on every rally. If this structure holds, continuation to the downside becomes the higher-probability scenario.
🔴 Short $TAO
• Entry: 185 – 196
• Stop Loss: 205
• TP1: 176
• TP2: 162
• TP3: 148
As long as price remains capped below 205, bearish pressure stays in control. A clean rejection inside the entry zone could accelerate the move toward the lower targets.
Trade smart. Manage risk. 👇#TAO
