$TAO USDT – Downside pressure building after recent rejection

Short $TAOUSDT Perp

Entry: 318.50–320.50

SL: 323.50 (Above EMA99 resistance)

TP: 315.00

TP: 312.00

TP: 309.45 (Recent Low)

TAO attempted to stabilize and recover but faced a strong rejection at the EMA(99) macro resistance on the 15m chart. Selling pressure is re-emerging as the price breaks back below the short-term EMAs, and buyers have failed to maintain momentum. Price action is showing clear signs of a corrective wave. If the downside continuation persists, the path of least resistance remains lower toward the recent 309.45 support.

#dyor !!!!

Trade $TAO USDT here 👇

TAOUSDT

Perp

316.94

-0.84%