$TAO

$TAO Trade Plan for TAO/USDT 📈

✅ Entry Zone: Buy within $340 – $346.20, near EMA support levels (9, 21, 50).

⛔ Stop Loss: Set at $330 (below EMA 50 and recent swing low).

🎯 Profit Targets:

Target 1: $360 📍 (Move stop to breakeven)
Target 2: $380 🎯
Target 3: $400 🚀

📊 Risk/Reward Ratio: 3:1+ ⚖ (Conservative exit at 2:1 if momentum weakens).

Key Observations:

Bullish Momentum: Price up +3.59%, indicating moderate upward momentum.
Volume: Circulating supply at 218.78M with a market cap of $3.29B suggests decent liquidity—confirm breakout strength.
RSI Neutral: Assumed ~55–60 (no overbought signal yet, based on typical momentum for a +3.59% move).

🔄 Strategy:
Trail stop above EMA(9) after Target 1.
Watch for rejection at recent high ($350) for early exit.

Trade wisely! 🚀💰