$TAO Long Liquidation: $7.4866K at $177.53
A notable long liquidation just hit TAO around the $177.5 level. When longs get wiped like this, it usually signals one thing: overleveraged buyers got flushed, and short-term volatility is back on the table.
This kind of liquidation often creates two possible scenarios:
1ïžâŁ Continuation downside if sellers stay aggressive.
2ïžâŁ Relief bounce if the flush clears weak hands and spot buyers step in.
Right now, $175â$178 is a key reaction zone. If price struggles to reclaim $180 with strength, we could see further downside pressure.
đ Trade Idea (Short-Term Setup)
đč Bearish Scenario (Momentum Continuation)
Entry Zone: $176 â $179
Stop Loss: $184 (above recent intraday resistance & liquidity pocket)
Take Profit 1: $170
Take Profit 2: $162
Extended TP: $155 (if selling accelerates)
Why? After a long liquidation, failed reclaim attempts often lead to another leg down as trapped longs exit.
đč Bullish Reclaim Setup (Safer Confirmation Play)
Entry Zone: Break & hold above $182
Stop Loss: $176
Take Profit 1: $190
Take Profit 2: $198 â $205 zone
Why? A strong reclaim above liquidation level + resistance shows buyers absorbed the sell pressure.
Stay sharp. TAO is entering a volatility phase.
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