Wait....... wait........ wait........
Leave everything for a moment and focus here.
$TAO is struggling to break out of this rising wedge. The trend looks ready to snap.
SHORT $TAO
Entry: 160.2 – 162.9
SL: 167.30
TP1: 151.7
TP2: 146.2
TP3: 141.5
Testing the upper resistance of a narrowing wedge pattern. We are seeing clear exhaustion as it approaches the supply zone, with momentum slowing down on each attempt to push higher. A rejection here followed by a break below the diagonal support will likely trigger a sharp move down as liquidity is swept from the recent higher lows.
Trade $TAO
TAOUSDT
Perp
202.74
+29.24%
here 👇