📉 $TAO /USDT – Bearish Pressure Intensifying 🚨💯

Current Price: $542.2 (-2.06%)

Market Overview:

$TAO is under selling pressure, with a -2.41% drop in the past 24 hours. The price is currently testing key support at $531.9, and any breakdown below this level could lead to further downside. The 7-day performance shows a -3.81% loss, reflecting short-term bearishness. Over the past 30 days, the price has dropped by -22.71%, indicating sustained weakness in the medium term.

Trade Setup:

Short Setup: If the price breaks below $531.9, consider a short entry with targets at:

Target 1: $510.0

Target 2: $480.0

Stop Loss: Above $550.0 to manage risk.

Key Insights:

A break below $531.9 confirms further downside potential.

A bounce at $531.9 could signal a potential reversal, so be cautious of a recovery above $550.0.

Tight stop-loss will help protect against sudden price reversals.

Actionable Advice:

Enter short below $531.9 with a stop loss at $550.0.

Take partial profits as price approaches the first target, and adjust the stop-loss to breakeven to protect gains.

Follow my predictions — 93% profit guaranteed!

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