$TAO — Rising Wedge Signals Potential Short

Consider shorting $TAO:

Entry: 160.2 – 162.9

Stop Loss: 167.3

Targets:

TP1: 151.7

TP2: 146.2

TP3: 141.5

$TAO is hitting resistance at the top of a rising wedge, showing weakening momentum on each upward attempt. If price gets rejected and drops below the wedge’s diagonal support, a strong downward move could follow as liquidity from recent higher lows is collected.

Use tight risk control and wait for clear confirmation of the rejection before entering. Volatility near the wedge makes careful leverage management essential.

Current price: $TAO USDT 159.84 (+1.69%)#TAO #USRetailSalesMissForecast