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$TAO $TAOUSDT (1h) - Range Breakdown Short
Bias: Short
Entry (Zone): 281.20 - 282.20
Targets:
TP1: 279.20
TP2: 276.80
TP3: 273.80
Stop Loss: 285.40
Why this Setup:
I’m leaning short because price is stalling after a strong rebound into a clear intraday resistance band, and I want a rejection from this area rather than chasing the move higher. If momentum fades here, I expect a retrace back into the mid-range first, then a deeper test of the recent support levels.