TAO Range Trap — Liquidity Sweep SetupTAO / TetherUSBINANCE:TAOUSDTSiDecTAO continues to deliver clean, technical setups. After nearly tapping the -1 Fibonacci at $378, price shifted into a downtrend and is now gradually moving toward a key level around $300, an area with strong confluence for a long setup. Current Structure Over the weekend, TAO has been trading sideways in a tight range → similar to last week’s setup. This kind of price action often builds liquidity on both sides before the next move. Trade Idea — Liquidity Sweep Into Support What I’d like to see: A sweep of the lows A move into the $306–$300 zone Quick reclaim and bounce to $330 This would take out both long and short positions (weekend liquidity). 🟢 Long Setup Key confluence zone: $306–$305 (ideal entry area) Why this zone? Fibonacci support level Liquidity pool Psychological $300 level just below Plan: Enter on confirmation/reclaim Stop-loss: below $300 Target: $330+ Trade Potential Potential gain: ~8.5% Risk/Reward: 1:3+ (depending on entry) Educational Insight — Liquidity Sweeps Markets don’t move randomly → they move toward liquidity. When price ranges like this, both: Longs place stop-losses below the range Shorts place stop-losses above the range This creates liquidity pools on both sides. What often happens next: Price sweeps one side (e.g. below support) Triggers stop-losses (forced selling) Smart money steps in Price quickly reverses This is why waiting for a sweep + reclaim is so powerful. It shifts the trade from guessing… to reacting with confirmation. _________________________________ 💬 If you found this helpful, drop a like and comment!