📈 #TAO/USDT – Daily Setup
TAO is shaping up a classic *bullish double bottom* right near strong support at *340* — a great sign buyers are stepping in 🛡️
Price is also trapped in a *wedge pattern*, and a breakout above *375* on a daily close would confirm the next leg up 🔥
If that happens, expect moves toward these targets:
🎯435
🎯 468
🎯514
Why it matters:
- Double bottoms often mark strong reversal zones — it shows sellers tried pushing lower but buyers defended that level twice
- The wedge pattern squeeze means momentum is building, and a breakout can trigger a sharp rally as shorts get squeezed and new buyers jump in
- Watching daily close above 375 is key — that’s the trigger that tells us bulls are winning
In short,TAO is in a solid setup for a breakout — patience and confirmation are everything here. If the breakout sticks, we could see a powerful rally 🚀
Stay tuned and keep stops tight below $340 just in case!