$TAO TAO Short-term high-altitude strategy | 311.2-318.8 partial short positions


TAO surged higher but faced resistance; the 311.2-318.8 high zone has strong resistance, with concentrated selling pressure above. The short-term pullback and correction rhythm is clear. Enter short positions in batches within this range.
The first downside target is 296.5; reduce positions early to lock in profits upon reaching this level. The second target is 280; close all positions to realize gains.
Operate with a light position throughout, strictly control risk management, decisively exit upon breaking key resistance, avoid counter-trend trading and holding large positions, and steadily capture profits from high-level pullbacks.
⚠️Risk reminder: Cryptocurrency market volatility is intense. This article is only a sharing of market ideas and does not constitute any investment advice.
TAO-1.87%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin