TAOUSDT has been trading in a well-defined rectangle for the last 16 months.
Key Levels
• $195 - Support, with demand zone extending to ~$260
• $470 - Midline, S/R band extending between $460-$490
• $745 - Resistance, with supply zone extending to $640
Despite a recent fakeout to the downside, TAO recovered support and might be headed for another move to the upside.
Targets
• $1300 in case of a sustained break above $745
• $50 in case of a sustained break below $195
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👉Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! 🚀💸
Binance Square Family...❤️🔥❤️🔥
I hope my analysis has been helpful to you. If you have any questions, please leave a comment. I'm always happy to help.
I appreciate your support and Wish you good luck 💐🌺🍁
