BEARS ARE BACK IN CONTROL OF $TAO! 🚨

$TAO structure is locked bearish across daily and 4H. This 1H bounce is DEAD. Momentum is fading fast.

Watch for the breakdown below the 1H EMA50 coupled with 15m RSI dipping under 50. That confirms the next leg down.

Key Bearish Levels:

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 bounce is just fuel for the next drop. Higher timeframe trend rules. 📉

#TAO #CryptoTrading #BearishBias #MarketWatch 🔥

TAOUSDT

Perp

234.42

+1.58%