Post
Bearish

Nobody is talking about the hidden trap forming inside TAO right now.



$TAO /USDT - SHORT

Trade Plan:
Entry: 234.3 – 235.5
SL: 241.1
TP1: 230.3
TP2: 227.2
TP3: 222.6

Why this setup?
Why now? The 1h price is sitting at 234.9, which is the exact entry_ref for a short setup with a tight zone between 234.3 and 235.5. The daily trend is a range, so momentum is exhausted and a mean reversion toward the lower target becomes the highest probability play. The 15m RSI is at 51.6, which is neutral, meaning the market has not yet made a decisive move and is coiling for a direction. The 1h ATR is 2.571534, confirming that a single 1h candle can easily cover the distance from the entry to TP1 at 230.3 and extend all the way to TP2 at 227.2. The invalidation level is 243.0, which is the hard line in the sand that would completely wipe out this trade if breached.

Debate:
Are we about to push straight to TP2 at 227.2 or is the range about to trap the shorts?

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TAOTAO-1.10%


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discovery
17 minutes ago
How much upside is left ?
0
discovery
17 minutes ago
First Review
Interesting 👀
0