The 19-year-old was sent off for his mock applause of Danish referee Kim Milton Nielsen against Villarreal on Wednesday night just a week after he reacted badly to a yellow card while on England duty against Northern Ireland in Belfast.
Professional Footballers' Association chief executive Taylor believes Rooney could benefit from some form of counselling and possibly follow in the footsteps of troubled Manchester City midfielder Joey Barton and visit Tony Adams' Sporting Chance clinic.
'There is a great talent there and you just do not want to see it wasted for the sake of poor temperament' he told The Sun.
'You hope that with the advice and help from his manager and team-mates Wayne will realize losing his temper like that is counter-productive.
'It's a matter of counting to 10 and not reacting to situations.
'There is a much broader use of counselling and psychology among sports people these days particularly for those who find themselves in difficult situations on and off the field.
'We've found that clinics such as Sporting Chance and others can help our members.'
Referee Nielsen described Rooney's actions as 'stupid' and believes his indiscipline could put his career in jeopardy.
'I have had verbal protests but never a gesture like that. If Rooney keeps showing referees such a lack of respect he'll find it hard to stay on the pitch' said the Dane.
'When you are only getting mad with opponents and referees it affects your performance. That is a terrible waste of his talent.'