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TAO has broken through the 283.36 level, but the upward momentum has clearly slowed down. From the 1-hour chart, the MACD has already shown a bearish crossover signal at high levels, which usually indicates that the short-term bullish momentum is beginning to weaken. Meanwhile, the RSI indicator is approaching the overbought zone at 60, suggesting that the buying strength is easing.
The current price hovers around 281.94, and technical signs of correction are beginning to appear. This position can be considered for gradually establishing short positions, but strict risk management should be in place—set the stop-loss above 285.00.
Key support levels below are at 275.00 and 270.00, which are the main short-term correction targets. If the price can effectively break below 275, the probability of further decline to 270 will significantly increase. Investors are advised to enter in stages according to their risk tolerance, while closely monitoring whether the trading volume can effectively support the move, as this is crucial for judging the subsequent trend.