$TAO Blow-off stalls at the lip, air drains fast, downside pressure keeps leaning.

Trading Plan (Short)

Entry: $205 – $212

SL: $227

TP: $188, $172, $158

Tags the upper boundary and immediately hesitates, long upper tails showing offers leaning in. Pushes lose reach, bodies thin, volume flashes but price doesn’t go anywhere, then starts to slip. The move lower comes in steps, brief pauses, no real snap back—just leakage. I’m holding exposure, hands off the add. This is invalid if price is hauled back up and sits above the capped area; I’m out the moment a bounce expands and stays bid instead of rolling over.

Short $TAO 👇

TAO
TAOUSDT
189.44
+7.59%