$TAO
Bullish reversal signal for the TAO/USDT pair - buyers defend the key support level!
The TAO pair has found strong buying interest around the support area of $337-$338, confirming a bullish reversal after an extended downtrend. The price action now indicates a strong rebound targeting higher resistance levels.
Trading Setup (Buy):
Entry: 343.50 - 344.50
Take Profit: 363.50
Stop Loss: 335.00
Market Outlook:
The new rejection from lower levels suggests that bears are losing control. A successful hold above $340 is likely to strengthen bullish momentum in the upcoming sessions towards the next key resistance level.
Order: Trust the rebound, follow the trend - bulls are back in control!