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$TAO (1h) - Short
Bias: Short
Entry (Zone): 258.00 - 266.00
Targets:
TP1: 249.00
TP2: 238.00
TP3: 226.00
Stop Loss: 273.50
Why this Setup:
I see price rejecting after a strong rebound and stalling under the recent swing highs, so I want to fade this move if it loses momentum. I’m looking to short into the overhead resistance zone, with a move back toward prior support if sellers regain control.