🚨 $TAO TRAPPED! BEARS REASSERTING DOMINANCE! 🚨

The daily and 4H structure for $TAO screams bearish. This 1H bounce is pure relief, not reversal; momentum is already dying.

Watch the key failure point: breakdown below the 1H EMA50 coupled with the 15m RSI dropping below 50. That signals the big move down is back on.

Structure is lining up for the next leg lower. Invalidation sits at 286.18. Everything below that means more pain.

• Zone of interest: 282.60 – 284.03

• Downside reference 1: 280.45

• Downside reference 2: 277.58

• Downside reference 3: 274.71

This bounce is just fuel for the downtrend. Stay sharp. 👀

#Tao #CryptoAnalysis #Bearish #MarketWatch 📉

TAO
TAOUSDT
231.37
-2.48%