🚀 $TAO — SELLERS ARE DEFENDING THE DOWNSIDE
TAO is around $198.92 after falling 1.37% in 24 hours. The market is leaning bearish, with sellers holding the short-term advantage. SHORT is favored if price fails to reclaim the recovery zone.
🎯 SHORT ENTRY ZONE:
$198.90–$201.00
🎯 TARGETS:
🎯 TP1: $196.50
🎯 TP2: $194.00
🎯 TP3: $191.50
🛑 STOP LOSS:
Close above $204
📊 SUPPORT:
S1: $196.50
S2: $194.00
S3: $191.50
🚧 RESISTANCE:
R1: $201
R2: $204
R3: $207
🔮 NEXT MOVE:
TAO needs to reclaim $204 to weaken the bearish structure. Rejection below $201–$204 favors another downside test.
📈 TRADING LOGIC:
The decline is moderate, so sellers still need confirmation. A weak bounce that fails near resistance would show buyers are unable to regain control. Breaking support afterward would strengthen the bearish continuation.
⚠️ RISK NOTE:
Do not chase the move. Wait for a defined setup and manage risk carefully.#CLARITY Act faces September deadline #Congress demands AI safety accountability
