$TAO O /USDT BULLISH REBOUND – TARGETING $368+ ON STRONG RETEST!
$TAO has confirmed a bullish bounce from a key demand zone around $354, showing a strong bullish engulfing candle that signals a clear reversal from prior downside pressure. Price is currently holding above previous structure resistance, now acting as support, suggesting bulls are ready to push higher toward the upper resistance near $368.
Trade Setup (Long):
Entry Zone: $357 – $359
Take Profit (TP): $368.12
Stop Loss (SL): $352.50
This setup favors a continuation to the upside after a clean rejection from the demand area. Volume-backed recovery and market structure suggest that the bulls are back in control. If price holds above $356, continuation to the TP is highly probable.
Market Outlook:
TAO is forming a bullish higher-low pattern. As long as price stays above the demand zone, short-term bullish bias remains valid. Failure to hold above $354 could invalidate this setup.
Command: “Perfect retest spotted—follow the bulls and aim for breakout gains!”
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