$TAO 💯🔥
/USDT Technical Analysis & Trade Signal
Current Price: $378.5 (+6.74% in 24h)
Trend: Bullish momentum observed with a potential continuation toward higher levels.
ey Levels:
Support: $374.1 (Strong buying interest)
Resistance: $380.0 (Possible short-term selling pressure)
Target Levels:
Target 1: $385.0 (Initial resistance breakout)
Target 2: $390.0 (Next major resistance level)
Target 3: $400.0 (Psychological level, if bullish trend sustains)
Trade Momentum:
Bullish Momentum: Positive trend confirmed by the 6.74% price increase in the last 24 hours.
Volume: Strong volume supports the upward move, indicating higher market participation.
Trade Signal: Buy near current levels ($378.5), with stop loss just below $374.1 for safety. Set take profit at the aforementioned target levels.
Overall, the market shows signs of continuation to the upside, but monitor for signs of reversal near $380. If price breaks this resistance, the momentum could extend to the next targets.
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