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$TAO $TAOUSDT (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 278.00 - 279.00
Targets:
TP1: 275.20
TP2: 273.10
TP3: 269.80
Stop Loss: 282.80
Why this Setup:
I’m leaning short here because price keeps getting rejected around the 278-282 supply area after the sharp rebound, and I expect another fade back into the lower end of the range. I want a clean rejection from this zone with room for a move back toward the recent swing lows.