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$TAO (1h) - Pullback Short
Bias: Short
Entry (Zone): 262.0 - 268.0
Targets:
TP1: 255.0
TP2: 246.0
TP3: 238.0
Stop Loss: 273.5
Why this Setup:
I see a strong move up followed by repeated rejection below the 270 area, and I’m treating the current bounce as a weak pullback into resistance. I want to short into that supply zone while momentum stays capped, looking for continuation back toward the recent support levels.