$TAO

TAOUSDT

Perp

304.3

-2.18%

Priority choice: Short position.

Reason for SHORT: The price is slightly recovering (retesting) the MA7 and MA25 around the 285 - 287 USD range. If the price cannot close above the 290 USD level, this is an excellent entry point for a short position.

Target (TP): The next strong support zone is at 273 USD (MA99 line) and further down at 250 USD.

Stop loss (SL): Above 295 USD.

Reason NOT TO LONG at this time: * The price has increased over 13% in 24 hours, creating significant profit-taking pressure.

There are no signals such as pin bars or reversal candles at the current level. Going long now is like blocking the front of a downhill truck.#TAO