$TAO Imminent Breakdown? 🚹 Don't Get Caught!

Entry Zone: 208 – 212

TP1: 205

TP2: 200

Stop Loss: 216

Leverage: 20x – 50x

Margin: 2% – 5%

$TAO is facing serious selling pressure after failing to break through the 215–218 resistance. We’re seeing lower highs and weak bounces – clear signs sellers are dominating. This consolidation around 207–208 isn’t accumulation, it’s a breather before the next leg down. 📉

Recovery attempts are pathetic and lack conviction. As long as price stays below key resistance, short scalps are the smart play. A trend reversal? Only a decisive break *and hold* above 212–215 with significant volume will change the bearish bias.

Manage your risk! Move your stop loss to entry once TP1 is hit.

#TAO #ShortScalp #CryptoTrading #Bearish đŸ»

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