$TAO remains under strong bearish pressure on the 4H timeframe, trading around 158 after a sharp rejection from the 167–170 supply zone. Price structure continues to print lower highs and lower lows, confirming trend weakness. The recent bounce from 142.8 was corrective, not impulsive — indicating sellers are still dominant.
Key Support: $TAO
• 155–153 (short-term demand)
• 148–145 (major support & breakdown zone)
A clean breakdown below 153 could accelerate selling toward 148–145, where buyers may attempt another defense.
Key Resistance:
• 165–168 (strong supply & trend resistance)
• 175+ (trend reversal only above this)
Momentum indicators favor bears, and volume remains weak on green candles — a classic sign of distribution.
📌 Trade Insight:
Bias stays bearish below 168. Aggressive traders may look for short setups on pullbacks, while conservative traders should wait for confirmation near major support.
⚠️ Volatility expected — manage risk accordingly.
📌 Not financial advice. Trade with proper risk management.
Disclaimer: I am not your financial advisor.
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