$TAO

$TAO SPOT BUY SETUP:

Pattern:

Channel breakout confirmed

Currently retesting lower trendline (support) = potential entry zone

Why It Matters:

Breakout + Retest = High-Risk:Reward Setup

If buyers defend this level, it could trigger a strong bounce and continuation.

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Trade Plan Snapshot (Sample):

Entry Zone: Near lower trendline support (watch for bullish candle confirmation)

Stop-Loss: Below trendline or last swing low (keep risk tight)

Target Zone:

T1: +20–30%

T2: +45–50%

T3: +60–66% (if full breakout unfolds)

Indicators to Watch:

RSI > 50 + bullish divergence = confluence

Rising volume on next leg up = confirmation of breakout rally

BTC/market strength = tailwind for momentum altcoins like TAO