Post
Bearish

Nobody is warning you about TAO's hidden range trap.



$TAO /USDT - SHORT

Trade Plan:
Entry: 234.1 – 235.3
SL: 240.8
TP1: 230.2
TP2: 227.1
TP3: 222.6

Why this setup?
Why now? The daily trend is range-bound, which means TAO is trapped between extremes and a directional break is overdue. The 1h ATR sits at 2.524435, showing enough hourly volatility to make the entry zone of 234.1 to 235.3 a high-probability short trigger. The 15m RSI reading of 52.73 confirms the market is not overbought, so a move lower toward TP1 at 230.2 and TP2 at 227.1 has room to run. The 1h price reference of 234.7 aligns perfectly with the entry zone, giving us a precise level to fade any bounce. The only hard line in the sand is the invalidation level at 242.7, because anything above that destroys the entire short setup.

Debate:
Are we hitting TP2 at 227.1 or getting trapped by a range breakout?

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TAOTAO+1.29%


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PrinceMagsi786
12 minutes ago
Interesting 👀
0
PrinceMagsi786
12 minutes ago
First Review
LFG 🔥
0