$TAO /USDT – Bull Flag Forming After Massive Surge! 🔥
Current Price: $230.00 (+18.07%)
24H High: $234.00 | 24H Low: $193.20
Market Structure:
$TAO printed a strong vertical rally from the $200 zone, hitting resistance near $234. Now consolidating just under the high with a potential bull flag setup brewing.
Key Levels:
Resistance: $234 – Breakout confirmation zone
Support: $224 – $220 (bull flag base)
Trendline Support: From $200 origin breakout zone
Trade Setup:
Entry Zone: $226 – $230 (buy on dip near flag support)
Target 1: $238
Target 2: $248
Stop Loss: $218
Why This Setup Matters:
Price has cooled off just under the highs without sharp rejection, suggesting strength. A clean breakout above $234 could trigger a continuation leg.
Pro Tip:
Wait for volume spike and candle close above $234 for breakout confirmation. If rejected again, look for a sweep toward $220 for a better R:R re-entry.
CTA:
$TAO showing strength—will it explode above $234 or fakeout? Mark your entries and share this alpha with your squad!
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