$TAO 🔥
Bearish traders are starting to question whether the recent rally has run too far, too fast. The move was fueled by strong AI-related headlines, but some believe momentum could fade as the market digests the news.
The bearish thesis focuses on:
• Price approaching a major resistance zone.
• Diminishing upside momentum after the news-driven surge.
• Increased risk of profit-taking from traders who bought the breakout.
If buyers fail to maintain control, a deeper pullback toward lower support levels could unfold. Traders are watching closely for signs of trend exhaustion. ⚠️📊#Anthropic AI models blocked globally
