$TAO had a sharp push from the 270–272 area and reached the 280–281 zone, where price faced strong rejection. After that move, price shifted into a sideways structure and is now making a bounce back toward the upper range. This bounce looks like a reaction after a sell-off, not strong continuation, and sellers already showed interest near the highs earlier.

Price is now approaching the 278–280 resistance zone again, which has previously capped upside. If price struggles to break and hold above this area, a pullback toward the mid-range is likely. A clean and sustained move above resistance would invalidate this setup.

Scalp Trade Plan

Short

Entry Zone: 278 – 281

TP1: 274

TP2: 271

Stop Loss: 283

Leverage: 20x – 50x

Margin: 1% – 3%

Risk Tip: Secure partial profit at TP1 and move stop-loss to breakeven.

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Short #TAO Here 👇👇👇

TAO
TAOUSDT
274.49
-0.96%