$TAO $TAOUSDT (1h) - Bearish Retracement Short


Bias: Short
Entry (Zone): 261.0 - 265.0
Targets:
TP1: 257.0
TP2: 252.0
TP3: 247.0
Stop Loss: 267.5
Why this Setup:
I’m looking to short into a weak rebound after the sharp drop from the 290s. Price is still below the recent breakdown area, and I want confirmation that this move is just a retest before continuation lower.
TAO2.5%
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