TAO's recent rebound ultimately failed to hold, and the bearish engulfing pattern has been confirmed, with the technical indicators all turning bearish. The RSI has entered the overbought zone, and the momentum on the MACD is clearly weakening. These signals combined suggest that friends holding long positions should pay attention. From the current technical structure, the support level is around $240, and there is a high probability of short-term resistance. Of course, technical analysis is a game of probabilities, and the market will speak for itself. For those positions already at a loss, it might be worth evaluating the necessity of holding them further.