TAO / USDT 🧠
Timeframe for main analysis: 15m – 1h ⏰
Current Price (Binance): $300.94
Trend:
• Current trend: Consolidation / Indecision (1H ranging within a major demand zone after a heavy drop, forming a potential base).
• Important price range: $295.00 - $305.00 (Local Accumulation Range / Golden Demand Zone).
Liquidity Map:
• Liquidity above: $310.00 - $315.00 (Immediate short-term highs, BSL).
• Liquidity below: $285.00 - $280.00 (Key multi-day support / SSL).
• Liquidity hunting potential: High probability of a Sweep below $295.00 to collect SSL before a potential major reversal.
Funding & OI:
• Current funding: Neutral (Market is balanced, typical for consolidation).
• OI increase/decrease, signal: Flat (Lack of fresh conviction, confirming base formation).
Technical Indicators:
• RSI: Neutral/Rising (15m is rising from \approx 40 towards 50, showing building strength).
• MACD: Bullish Cross on 1H (Momentum is starting to shift positive from a deeply oversold state).
• StochRSI: Rising on 15m (Confirming short-term upward momentum).
• Volume: Steady (Healthy accumulation volume is observed at the lows).
Trade Setup:
• Entry: $295.50 - $298.00 (Waiting for a pull-back into the lower end of the accumulation range/local Demand Zone).
• Take Profit (TP): $312.00 (Targeting the BSL/range high).
• Stop Loss (SL): $291.50 (Below the immediate range low, protecting against a deeper sweep).
• Bias: LONG ⬆️
Click here to trade:
• Reason: TAO is at a critical 1H demand zone, showing early signs of bullish momentum shift (MACD cross) within the range. Entering on a minor retest offers a strong R:R to target the range high, indicating a potential bottoming process.
Risk Note:
Maintain SL discipline. No FOMO.