TAO/USDT – 30-Min Short Trade Setup!
📌 📉🚨
🔹 Asset: TAO/USDT (Bittensor / Tether)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bearish Breakdown Trade
📌 Trade Plan (Short Position)
✅ Entry Zone: Below 266.42 (Breakdown Confirmation)
✅ Stop-Loss (SL): Above 268.19 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: 262.46 (First Support Level)
📌 TP2: 257.81 (Extended Bearish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): 268.19 - 266.42 = 1.77 risk per unit
📈 Reward to TP1: 266.42 - 262.46 = 3.96 (1:2.23 R/R)
📈 Reward to TP2: 266.42 - 257.81 = 8.61 (1:4.86 R/R)
🔍 Technical Analysis & Strategy
📌 Bearish Falling Wedge Breakdown: Price is breaking below a key trendline support, confirming a downside move.
📌 Resistance Confirmation: Strong resistance at 268.19, acting as a rejection zone.
📌 Volume Confirmation Needed: Watch for rising sell volume below 266.42 to confirm momentum.
📌 Momentum Shift Expected: Breaking below 266.42 could push price toward 262.46, with a further drop to 257.81.
📊 Key Resistance & Support Levels
🔴 268.19 – Stop-Loss / Resistance Level
🟡 266.42 – Breakdown Level / Short Entry
⚪ 262.46 – First Support / TP1
🟢 257.81 – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure strong selling pressure below 266.42 before entering.
📉 Trailing Stop Strategy: Move SL to entry (266.42) after TP1 (262.46) is hit.
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at 262.46, let the rest run toward 257.81.
✔ Adjust Stop-Loss to Break-even (266.42) after TP1 is hit.
⚠️ Fake Breakdown Risk
❌ If price reclaims 266.42, exit early to avoid a false breakdown.
❌ Wait for a strong bearish candle close before entering aggressively.
🚀 Final Thoughts
✔ Bearish Setup – Breakdown below 266.42 signals potential downside.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Risk-Reward Ratio – Favorable 1:4.86 R/R to TP2.
💡 Stick to the plan, manage risk, and trade smart! 📉🔥
🔗 Hashtags for Reach & Engagement:
#TAO #CryptoTrading 📉 #TAOUSDT 📊 #TradingNews 📰 #MarketUpdate 🔥 #Investing 💰 #ShortTrade 🚀 #Crypto 📉 #ProfittoPath 🏆 #SwingTrading 🔄 #DayTrading ⚡ #TechnicalAnalysis 📉 #CryptoSignals 📊 #FinancialFreedom 💡 #MarketTrends 📊 #CryptoAlerts 🔔 #TradeSmart 🤓 #Bearish 📉 #RiskManagement ⚠️ #TradingCommunity 🤝 #SmartTrading 💰 #MarketAnalysis 📊 #TrendBreakdown 🚨
vibes12
🔹 Asset: TAO/USDT (Bittensor / Tether)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bearish Breakdown Trade
📌 Trade Plan (Short Position)
✅ Entry Zone: Below 266.42 (Breakdown Confirmation)
✅ Stop-Loss (SL): Above 268.19 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: 262.46 (First Support Level)
📌 TP2: 257.81 (Extended Bearish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): 268.19 - 266.42 = 1.77 risk per unit
📈 Reward to TP1: 266.42 - 262.46 = 3.96 (1:2.23 R/R)
📈 Reward to TP2: 266.42 - 257.81 = 8.61 (1:4.86 R/R)
🔍 Technical Analysis & Strategy
📌 Bearish Falling Wedge Breakdown: Price is breaking below a key trendline support, confirming a downside move.
📌 Resistance Confirmation: Strong resistance at 268.19, acting as a rejection zone.
📌 Volume Confirmation Needed: Watch for rising sell volume below 266.42 to confirm momentum.
📌 Momentum Shift Expected: Breaking below 266.42 could push price toward 262.46, with a further drop to 257.81.
📊 Key Resistance & Support Levels
🔴 268.19 – Stop-Loss / Resistance Level
🟡 266.42 – Breakdown Level / Short Entry
⚪ 262.46 – First Support / TP1
🟢 257.81 – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure strong selling pressure below 266.42 before entering.
📉 Trailing Stop Strategy: Move SL to entry (266.42) after TP1 (262.46) is hit.
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at 262.46, let the rest run toward 257.81.
✔ Adjust Stop-Loss to Break-even (266.42) after TP1 is hit.
⚠️ Fake Breakdown Risk
❌ If price reclaims 266.42, exit early to avoid a false breakdown.
❌ Wait for a strong bearish candle close before entering aggressively.
🚀 Final Thoughts
✔ Bearish Setup – Breakdown below 266.42 signals potential downside.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Risk-Reward Ratio – Favorable 1:4.86 R/R to TP2.
💡 Stick to the plan, manage risk, and trade smart! 📉🔥
🔗 Hashtags for Reach & Engagement:
#TAO #CryptoTrading 📉 #TAOUSDT 📊 #TradingNews 📰 #MarketUpdate 🔥 #Investing 💰 #ShortTrade 🚀 #Crypto 📉 #ProfittoPath 🏆 #SwingTrading 🔄 #DayTrading ⚡ #TechnicalAnalysis 📉 #CryptoSignals 📊 #FinancialFreedom 💡 #MarketTrends 📊 #CryptoAlerts 🔔 #TradeSmart 🤓 #Bearish 📉 #RiskManagement ⚠️ #TradingCommunity 🤝 #SmartTrading 💰 #MarketAnalysis 📊 #TrendBreakdown 🚨
vibes12
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.