$TAO /USDT - Short Trade Signal🔥💯

Signal Overview:

Current Price: $406.3

Market Sentiment: Bearish pullback within a descending channel

Entry Point:

• Sell Limit: $408.0 - $410.0

Take Profit Levels:

1. TP1: $390.0

2. TP2: $375.0

3. TP3: $356.0

Stop Loss:

• SL: $436.3 (above resistance and channel breakout)

Risk/Reward Ratio:

• 3:1 (High potential with controlled risk)

Key Insights:

TAO is respecting the descending channel with rejection near $410. This presents a clear shorting opportunity as the price trends lower. Stick to the plan, and let the setup play out!

TAOUSDT
Perp
Created with Highcharts 9.1.1
280.48
+0.39%

#USTaxExemptionPlan #USConsumerConfidence #SOLETFsOnTheHorizon #BinanceAlphaAlert #AnimecoinOnBinance