TAOUSDT - This can't belast year, I had an experience with a trader and he said that this was an impossible move.
look at this move prnt.sc
it is similar:
- the growth was
- the sideways has started
- now a fall is needed
Taousdtshort
#TAO/USDT
#TAO
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a bounce from the lower boundary of the descending channel, this support is at 326.
We have a downtrend on the RSI indicator that is about to be broken and retested, which supports the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 330
First target: 338
Second target: 347
Third target: 358
TAO/USDT.P Short Setup – Riding the Downtrend with PrecisionTrade Details:
Leverage: CROSS 15x - 20x
Entry: 348 - 351 USDT
Stop: 361.1 USDT
Targets:
TP1: 332 USDT
TP2: 319 USDT
TP3: 300 USDT
Why This Trade Makes Sense:
✅ Risk Management: Stop-loss placed at 361.1 USDT ensures protection above the supply levels.
✅ Strategic Targets: The targets are set at key support levels (332, 319, and 300 USDT), where price is likely to react.
Final Thought:
With tight risk management and logical profit-taking targets, it offers a solid chance to ride the market lower. Patience and discipline are key—keep an eye on price action and stick to the plan!
#TAO/USDTThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 213.
#TAO
We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.
We are heading for stability above the 100 moving average.
Entry price: 262
First target: 294
Second target: 319
Third target: 354
#TAOUSDT – Fast Trade, Monitoring Price Action📉 SHORT BYBIT:TAOUSDT.P from $340.00
🛡 Stop Loss: $354.55
⏱ 1H Timeframe
⚡ Trade Plan:
✅ The BYBIT:TAOUSDT.P price is forming a downtrend after breaking a Falling Wedge pattern.
✅ The asset is trading below POC (Point of Control) at $363.85, confirming seller dominance. ✅ After forming a double bottom (Bottom 1 & Bottom 2), the price tested resistance but failed to hold above it.
🎯 TP Targets:
💎 TP 1: $334.00
🔥 TP 2: $328.00
⚡ TP 3: $321.00
📢 This is a fast trade – it's crucial to monitor the coin's behavior and quickly adjust take-profits.
📢 A close below $340.00 would confirm further downside movement.
📢 POC at $363.85 is a key volume area where sellers are in control.
📢 Increasing volume on the drop supports the bearish outlook.
📢 Taking partial profits at TP1 ($334.00) is a smart risk-management strategy.
🚨 BYBIT:TAOUSDT.P remains in a downtrend – monitoring for confirmation and securing profits at TP levels!
TAO rejected from big box, going downTAO reached the big supply and seems to have been rejected at LTF at least
likely to go down from here. good profits made from our earlier bottom marks
TAO Bearish continuation likely incomingOur previous bearish trade on TAO has successfully reached its targets (analysis here)
The way selling candles cut through the box like warm butter indicates there is more downside to go
400 dollars target is on the horizon again
400 dollars is the major support level that has held twice
It needs to hold again, and ideally not be tested again
if it doesn't hold or is tested one more time afterwards, things will look very gloomy for bittensor
TAO USD breakdown confirmed. Bad days ahead for BittensorKey support line broken for TAO and onward movement has a lot of thin air from prior rapid price up movement. Good opportunity to short TAO. The only thing that could invalidate it would be big buy-in by whales. If that fails to happen, TAO is likely awaiting a big downward move for the foreseeable future
