🚨
$TAO BEARS ARE BACK IN CONTROL! 🚨
⚠️ THIS BOUNCE IS A TRAP! ⚠️
Why this matters:
•
$TAO is trapped under major MAs on Daily/4H.
• Momentum is fading fast on the 1H chart.
• Breakdown below 1H EMA50 + 15m RSI < 50 signals the real downtrend resumes.
• Higher timeframe trend is dominant and pointing DOWN.
Key levels to watch for the next drop:
• Zone of interest: 282.60 – 284.03
• Downside reference 1: 280.45
• Downside reference 2: 277.58
• Downside reference 3: 274.71
• Invalidity zone (structure breaks): 286.18
This relief move is just bearish fuel. Get ready for the next leg down. 👀
#CryptoTrading #BearMarket #TAO #CryptoAlpha