Market Bias: Bearish Rejection from Resistance


TAO is approaching a major resistance zone after reclaiming market structure. Price is trading inside a supply area, where sellers may step in before the next impulsive move.

● Trade Plan:
Direction: SHORT
Entry: Wait for bearish confirmation within the resistance zone (223.0–224.0).
Stop Loss: Above 229.0
Take Profit: 201.3
● Key Confirmation:
Rejection candle at resistance.
Bearish CHoCH/BOS on the lower timeframe.
Increased selling volume before entry.

●Patience is the edge. Do not front-run the trade—allow price to reach the premium zone and confirm seller control before executing.

Risk Management: Never risk more than 1–2% of your capital on a single trade.

This is a technical analysis, not financial advice. Always wait for confirmation before entering the market.
$TAO $BTC $ETH
BTC-0.22%
ETH-0.31%
TAO-1.02%
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