$TAO — Technical trade analysis: Sell
Watch zone: 291.8 – 292.9
Stop loss: 306.4
First target: 278.3
Second target: 264.3
The price is approaching an important resistance zone, while buying momentum has gradually begun to weaken. The recent movement signals that the current upward wave may be ending and selling pressure may return.
If the price fails to break above the 291.8 – 292.9 zone, we may see a gradual move toward 278.3 and then 264.3.
The key levels are clear; confirmation of the move will depend on how the price reacts to the resistance zone.
Trade $TAO here 👇👇
Watch zone: 291.8 – 292.9
Stop loss: 306.4
First target: 278.3
Second target: 264.3
The price is approaching an important resistance zone, while buying momentum has gradually begun to weaken. The recent movement signals that the current upward wave may be ending and selling pressure may return.
If the price fails to break above the 291.8 – 292.9 zone, we may see a gradual move toward 278.3 and then 264.3.
The key levels are clear; confirmation of the move will depend on how the price reacts to the resistance zone.
Trade $TAO here 👇👇