This sell-off just now was crucial. $TAO isn’t a normal pullback—it’s after heavy pressure at the top that the shorts start taking control of the pace.

At the time, what I was watching was whether the price could continue to hold after sweeping the liquidity above. The result was clear: after running up, it was immediately dumped back. Chasers’ long positions started to panic, and the chart shifted from stubborn strength to being broken through. When 277.1 offered an opportunity, I chose to short—reason is simple: after a fake breakout, the pullback is often harsher than a direct drop.

Now the price is at 197.8, and my profit is already up +1378.17%, with room for volatility opening up. Many people fear downside; I fear seeing the signals but still not acting. The hardest thing in contracts isn’t deciding—it’s whether you dare to execute at key levels.

For this trade, I’ll handle it in an 80/20 split first: take part of the profit now, and keep the rest with protection orders to see whether there’s still momentum further down. Don’t get overconfident even if you’re profitable—especially in a rapid drop, a rebound can come at any moment.

If you missed it, don’t force the chase. At this spot, don’t enter—wait for a more comfortable level.

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