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$TAO $TAOUSDT (1h) - Bearish Rejection Setup
Bias: Short
Entry (Zone): 276.00 - 279.00
Targets:
TP1: 272.00
TP2: 268.50
TP3: 264.00
Stop Loss: 283.50
Why this Setup:
I’m looking for a short on the rejection from the recent lower highs and failed rebound around the 278 to 280 area. I want price to roll over again and retest the intraday support levels below, with the move extending if sellers keep control.