$TAO
🚨Probability of a short-term pullback or consolidation if the price does not break quickly above 387 USDT with volume. A correction towards the short-term support zones (~370 or 366) is possible before a new bullish attempt.
🔴My reading of the picture✅️
Rejection at 387 USDT, strong bullish candle followed by a hesitation candle.
High RSI, close to the overbought zone.
Risk of pullback before a stronger movement.
🚀Scenario A:
✅️ Pullback purchase:
Ideal buying area: between 366 - 370 USDT
wait for a bullish candle signal with volume.
🚀Scenario B:
✅️ Purchase on breakout :
Entry after a clear break of 387 USDT with significant volume.
enter after closing 1H or 4H above 387 with an above average volume.
💸Target💸:
TP1: 395 USDT (minor resistance).
TP2: 405-410 USDT (psychological area and extension objective).
TP3 (more ambitious): 420-430 USDT if strong momentum.
4. Stop-loss (SL) :
If entry on fallback: SL under 362 USDT.
If entry on breakout: SL under 378 USDT
Good luck guys 💸
Trade $TAO her