$TAO — Analysis & Trade Plan

TAOUSDT

Löpande

177.88

-1.44%

$TAO is bouncing after a sharp drop from 188 → 173 support. Market is currently ranging — sellers control higher levels while buyers defend the recent low zone. That means both scenarios are valid depending on reaction at key levels.

🔴 Short Setup (Preferred near resistance)

📌 Entry: 178 – 180

🎯 TP1: 175

🎯 TP2: 172

🎯 TP3: 168

🛑 SL: 183

➡️ Idea: Short the relief bounce into resistance while trend structure remains bearish.

🟢 Long Setup (Only on strength)

📌 Entry: 181 break & hold

🎯 TP1: 185

🎯 TP2: 188

🎯 TP3: 192

🛑 SL: 178

➡️ Idea: Long only if buyers reclaim resistance and shift momentum bullish.

$TAO Current zone = reaction area, so wait for confirmation.