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$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.