$TAO – Short Setup IdeaTAO / TetherUS PERPETUAL CONTRACTBINANCE:TAOUSDT.PTealstreetTAOUSDT | 1D After putting in a macro high, Bittensor trended down in a clear bearish structure, printing lower highs and lower lows into the $170s. From there, we saw a strong relief bounce, reclaiming the mid-range and pushing into the second resistance around $300, where price is now showing signs of rejection. If we fail to regain $280, I’m looking for a pullback into $220–215 as the next downside target (mid-range) Would love to see a deviation into $200–194 — that’s the zone I’d watch for potential long entries on reclaim.