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$TAO is preparing to short a wave. At the moment, the shorts have the upper hand and the price has been grinding lower. For entry, you can watch around 196.05 to 198.4. For the downside targets, look at 188.28 to 181.12.
However, watch out for risk—stay locked on the support at 195.46; there could be a direct rebound. Put the defensive level around 204.35.
Never go all-in; control your position size according to your own account. Also, $SOXL and $XAU can be watched for potential short opportunities.