$TAO USDT (4h) - V-Bottom Recovery into Key Local Supply


Bias: Short (Mean Reversion / Resistance Rejection)
Entry (Zone): 279.5 – 285.0
Targets:
TP1: 269.0
TP2: 261.5
TP3: 254.0
Stop Loss: 293.0
Why this Setup:
I’m leaning short because Bittensor (TAO) has completed an aggressive V-bottom structural recovery off its macro floor at 254.0, pushing the price straight into an intermediate overhead supply zone. On this 4-hour timeframe, the explosive bullish expansion has run directly into a cluster of old structural support turned resistance near the 281.5 area. The most recent candle is beginning to flash clear signs of early fatigue, printing a significant upper rejection wick as sellers look to defend this critical turning point. Given how quickly the asset has climbed without establishing solid support floors on the lower timeframes, I expect a healthy mean-reversion pullback to play out as buyers take profits, sending the price back down to test liquidity shelves around 269.0.
TAO5.34%
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