🔴 $TAO / USDT — Contrarian short setup as momentum shows early signs of exhaustion near range highs.


Short Setup
Entry Zone: 301.28 – 302.16
Stop Loss: 305.94
🎯 TP1: 298.55
🎯 TP2: 296.44
🎯 TP3: 293.27
Price action remains trapped inside a broader daily range, but repeated rejections near the upper boundary are starting to signal weakening bullish continuation.
Lower timeframe momentum is fading, with RSI below neutral suggesting reduced buying pressure, while volatility compression hints that an expansion move is approaching.
Key idea: When range highs repeatedly fail, liquidity often shifts toward a sharp downside rotation — especially if buyers keep stepping in too early.
Now the question is simple: Is this just another fakeout before breakout… or the start of a deeper correction from resistance?
#GateSquareMayTradingShare
TAO-6.95%
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