$TAO (4H) — Bear Flag Continuation Short


Bias: Bearish

Entry Zone: $270 - $276

Targets:
TP1: $262
TP2: $248
TP3: $235

Stop Loss: $286

Why this Setup:
TAO continues to trade inside a heavy bearish structure after completely losing momentum from the $330+ region. The chart has been printing aggressive sell expansions followed by weak relief bounces — classic behavior during a strong downtrend.

The recent consolidation around $269 doesn’t show real buyer strength yet. Instead, price appears to be forming a low-volume pause after the sharp breakdown, which often acts as continuation before another leg lower.

What also stands out is how quickly every recovery attempt gets rejected. Bulls are unable to reclaim higher timeframe resistance, while sellers continue defending lower highs across the structure.

If TAO loses the current support shelf cleanly, downside momentum could accelerate fast as liquidity below the range gets targeted.
TAO-3.18%
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