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Everyone’s chasing $TAO /USDT longs—I’m watching the RSI trap set at 68.5.
$TAO - SHORT
Trade Plan:
Entry: 313.967910 – 315.140748
SL: 320.183951
TP1: 310.332113
TP2: 307.517302
TP3: 303.295085
Why this setup?
• RSI 15m is overbought at 68.52, while 4h trend is range-bound.
• Short bias active (55% confidence) with entry zone 314.55–315.14.
• TP1 at 310.33, TP2 at 307.52—tight stop at 320.18 limits downside risk.
• Why now? The 1h ATR of 5.40 shows room for a quick 1.5% drop before resistance.
Debate: #GateSquareMayTradingShare
Are you fading the overbought RSI here, or waiting for a break above 315.14?
Click here to Trade 👇️ $TAO
Click here to Trade 👇️