$TAO bounced from the 240.5–242 support area and pushed back into the 247–249 resistance zone, but the move lacks strong follow-through. Price is still trading inside a broader range, and the recent upside looks more like a relief bounce after the drop rather than a fresh trend shift.

The 247–249 zone is a clear rejection area where sellers previously stepped in. As long as TAO stays below this resistance, downside pressure can return toward the mid and lower range supports. This scalp is based on fading resistance, not chasing strength. A clean break and hold above resistance would invalidate this setup.

Scalp Trade Plan

Short

Entry Zone: 247 – 249

TP1: 242

TP2: 236

Stop Loss: 256

Leverage: 20x – 40x

Margin: 1% – 3%

Risk Tip: Take partial profit at TP1 and move stop-loss to entry to protect capital.

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Short #TAO Here 👇👇👇

TAO
TAOUSDT
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