$TAO TAO LONGS GET WIPED OUT!
š“ A massive **$99K** in long positions just got **liquidated** as TAO dropped to **$388.66**! Bulls got caught in a sharp correction, triggering a cascade of forced sell-offs that intensified the downside move.
š® **Whatās Next for TAO?**
With this long liquidation event, the market could see continued selling pressure if key support levels donāt hold. However, if buyers step in aggressively, we might witness a quick reversal.
š **Key Levels to Watch:**
š» **Critical Support:** $380 - $385
šŗ **Resistance to Reclaim:** $395 - $400
š **Potential Scenarios:**
- If TAO breaks below **$380**, expect further downside toward **$370-$375**.
- A swift recovery above **$395** could signal strength and a push back toward **$405+.**
ā” **Market is shakyātrade with caution!** ā”
#TAO #CryptoUpdate #LiquidationData
