【$TAOUSDT】This wave of data is off, deep breakdown

$TAOUSDT During the regular intraday fluctuation period, the price rushed up to the Bollinger upper band and quickly fell back, current price 309.34. The 4-hour level shows obvious volume-price divergence, the latest K-line closed bearish, trading volume expanded but price lagged behind gains, buy orders are broken. MACD dual lines are at high levels above the zero axis, but the histogram is beginning to contract, bullish momentum is weakening. Chasing longs at this position is equivalent to throwing money away. There are extremely thick pending sell orders from 309.25 to 309.28, resistance is clear. Below, EMA20 near 285 forms the first line of defense.
Go short directly near the current price of 309, set stop loss above 320.50. First target at 294.50, second target at 285 area if broken through. If price rebounds to the 315-318 range, can add positions. Risk-reward ratio exceeds 1:3, worth a try. Push break-even losses, zero-risk arbitrage.
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