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🟢 $TAO Shorts Trapped – Strength Just Got Confirmed
TAO just triggered $6.24K in short liquidations at $298.29, a clear sign that sellers leaned too early and got squeezed. This usually happens when price reclaims structure and forces bears to cover, adding fuel to the move.
Key Levels to Watch 👇
Support: $292 – $288
Major Support: $275
Resistance: $305 – $315
Major Resistance: $340
Targets 🎯
• Continuation push: $305 → $320 → $340
• Pullback & hold: $288 then upside resume
Stoploss ⛔
• Longs: Below $272
• Shorts: Above $345
Market Insight 🧠
Short liquidations often mark trend confirmation, not the top. As long as TAO holds above the $288 zone, bullish pressure remains intact. Watch for volume expansion to validate continuation.
Let the squeeze work — trade with structure, not emotion. 🔥