๐Ÿ“‰ $TAO โ€” SELLERS DEFENDING THE REBOUND


Bittensor is approaching a major resistance zone after a weak rebound, with market structure beginning to favor downside continuation again.
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿ“Š SHORT SETUP โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” โ€ข Entry: 322 โ€“ 325
โ€ข SL: 336
Targets: โ€ข TP1: 305
โ€ข TP2: 285
โ€ข TP3: 260
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿง  Market Structure โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” โ€ข Strong rejection previously confirmed near 374
โ€ข Current rebound pushing directly into seller defense zone
โ€ข Momentum fading as price approaches resistance
โ€ข Broader 90-day expansion move showing signs of exhaustion
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” โš ๏ธ Key Insight โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” If the 322โ€“325 area continues acting as resistance, downside rotation toward lower liquidity zones becomes increasingly likely.
The important factor now is whether buyers can reclaim momentum โ€” otherwise this rebound may simply become a lower high before another leg down.
Structure is weakeningโ€ฆ and sellers are starting to regain control ๐Ÿ‘€
$TAO โ€Œ
TAO-0.46%
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