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Everyone’s chasing $TAO /USDT longs—but the 4h signal just flipped SHORT with a 55% edge.
$TAO - SHORT
Trade Plan:
Entry: 277.292952 – 278.104884
SL: 281.596196
TP1: 274.775959
TP2: 272.827320
TP3: 269.904361
Why this setup?
• RSI on 15m is crushed to 32.03, hinting at weakness before a breakdown.
• 1D trend is range, not bullish—so shorts have room to run.
• Entry at 277.7 targets TP1 at 274.8, a clean 1% drop with ATR support.
Debate:
Are you trusting the 4h SHORT or fading it for a range bounce?
#TradfiTradingChallenge