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$TAO | 1h | Bearish Continuation Short
Bias: Short
Entry Zone: 268.60 to 269.50
Stop Loss: 271.80
Targets:
TP1: 267.20
TP2: 265.90
TP3: 263.90
Invalidation:
Close above 271.80
Why This Setup:
I’m seeing a clear intraday downtrend with lower highs and weak bounces into resistance. Price is compressing near the recent breakdown area, so I’m looking for continuation lower as long as the 269 zone keeps rejecting.
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