TAO is trading at $201.10, down 3.04%, with $25.24M in 24h volume. The move is sharper than BTC, showing selling pressure. The screenshot does not include long or short liquidation totals, so I will not invent them. Right now, momentum still remains bearish until buyers prove they can reclaim resistance.
Market view: bearish below $205. A recovery above $210 could force short covering and create a stronger bounce.
TG1: $215
TG2: $225
TG3: $240
If $198 breaks, downside could accelerate toward $190 and then $182.
Pro tip for pro traders: TAO can move violently when leverage builds quickly. Watch open interest around support. A breakdown with rising open interest can signal fresh shorts, while a sharp reclaim can trap them. Do not treat every bounce as a reversal. Wait for structure, volume, and momentum to align. If $198 becomes support again, the risk-reward picture changes quickly. Always protect capital first, because volatility can punish oversized positions.
