🚨 $TAO Short Setup – Smart Money Distribution?
While retail is chasing the AI hype, the chart is starting to show weakness.
📉 Why TAO looks weak now:
Strong rally already done (overextended move) �
CCN.com
Resistance zone getting heavy (selling pressure building)
Momentum slowing after big pump
Lower timeframe showing exhaustion
📊 Key Levels to Watch:
Resistance: $290 – $300 zone
Breakdown trigger: below $280
Next targets: $250 → $220
👉 A break below key support can accelerate downside as liquidity sits lower.
🎯 My Plan:
Entry: Rejection from resistance OR breakdown
Direction: SHORT
Targets: Quick scalps ↓
Risk: Invalidate above resistance breakout
⚠️ Reality Check: TAO is strong long-term (AI narrative + adoption), but short-term volatility is high and pullbacks are normal after pumps �
Bitrue
💬 Conclusion: This is not hype — this is liquidity
