TAO surges 28% after which, the shorts are laying a trap at $280!



Brother Wang's view: Short-term pullback is inevitable, but around $270 is the bulls' last line of defense. After confirmation of the pullback, a push toward $300 is possible.

Guys, TAO jumps 28 in a day, market cap breaks 3 billion, AI sector is collectively booming. But seasoned traders know—when emotions are high, the scythe is nearby.

Good news is medicine, not food.
Export controls ignite FOMO, but the market has already slowed down, falling back 0.04%, profit-taking is knocking on the door. Once the good news is exhausted, it will first shake out then rally.

Liquidation chart: Bulls and bears are battling at $275.

Above $280–$285: Bears are heavily defending, liquidation strength increasing, pushing up will fuel a short squeeze.

Below $268–$270: BOLL middle band + strong bull clearing zone, losing $273 could trigger a fall to $268.
Currently, both bulls and bears have liquidation strength of 1 million, evenly matched, a trend reversal is imminent.

Brother Wang's trading advice: Wait for the pullback, buy low and avoid chasing high.

Entry: Place buy orders in batches at $270–$273.

Target: $282 / $290.

The SAR indicator at $261.5 is far below the current price, trend remains intact; open interest of 308k remains high, main players haven't exited. The pullback to the middle band is a classic accumulation zone for institutions.

First, watch for a pullback to $270; holding that level is a golden opportunity. Don’t stand guard at $275, wait for the main players to finish shaking out the market, then aim #美PPI创两年半新高 for $300.
TAO0.15%
BTC2.10%
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