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$TAO /USDT Perp – "Sharp Rejection – Short"**


**Trading Plan Short $TAO
Entry: 256.70
SL: 259.50
TP1: 254.70
TP2: 253.00
Explanation: Price suffered a sharp rejection from the 269.70 high and is falling below the EMA cluster. MACD is deeply negative (DIF -1.2). The purple support line at 254.70 is the immediate target, followed by a move to 253.00.
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TAOTAO-3.30%


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TestnetMaxi
9 minutes ago
EMA cluster breaks downward + sharp rejection, a classic short setup
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AntiPhishFighter
26 minutes ago
Entering at 256.7 was a bit aggressive; waiting for a pullback confirmation would be safer.
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WalletGuardian
35 minutes ago
If the purple support line fails to hold, the space below will open up.
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DegenDegen
35 minutes ago
The drop from 269.7 has indeed been swift; the bearish trend is not over.
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SniperShort
35 minutes ago
First Review
The stop-loss at 259.5 is fairly tight, and the risk-reward ratio is decent.
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