$TAO – Increasing the Short Position

Added another 100K to the short — total position now at 200K. Earlier today, a sudden spike liquidated millions in high-leverage long positions.

Under the big AI + Web3 narrative, much of this move looks like momentum fueled by short squeezes rather than genuine demand. Real buying strength hasn’t followed through, open interest is weakening, and retail participation seems to be fading.

From a structural view, the setup still leans bearish. Position carefully and manage risk before entering. 👇$TAO

TAOUSDT

Διην.

184.48

-4.39%