【$TAO Signal】Empty position, waiting for downward momentum confirmation
$TAO Price decline accompanied by high trading volume, caution against main force distribution. The current market shows obvious selling pressure, and price action is weak. Combined with high open interest, a decline with increased volume is not a healthy correction but a sign of a bearish dominance. Market sentiment is leaning towards panic, and buying power is weak.
🎯 Direction: Empty position (NoPosition)
Wait for the price to show clear signs of stabilization or a volume breakdown in the key support zone (such as the 200-205 range) before making a decision. Currently, the risk outweighs the opportunity; prioritize observation.
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【$TAO Signal】Empty position, waiting for downward momentum confirmation
$TAO Price decline accompanied by high trading volume, caution against main force distribution. The current market shows obvious selling pressure, and price action is weak. Combined with high open interest, a decline with increased volume is not a healthy correction but a sign of a bearish dominance. Market sentiment is leaning towards panic, and buying power is weak.
🎯 Direction: Empty position (NoPosition)
Wait for the price to show clear signs of stabilization or a volume breakdown in the key support zone (such as the 200-205 range) before making a decision. Currently, the risk outweighs the opportunity; prioritize observation.
Trade here 👇 $TAO
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