⚠️ TAO/USDT Trade Signal — Watch for Potential Reversal Bounce

Current Price: ~$428.36

Trend Summary: After a sharp sell-off from the $470+ zone, price has found short-term support near $420, with signs of a bullish bounce attempt. Volume is increasing slightly.


🟢 Bullish Bias – Reversal Attempt in Play

📈 Entry (Long):

$426 – $429 (current price zone; wait for bullish engulfing or confirmation candle)

🛑 Stop-Loss:

$419 (below recent wick low)

🎯 Take-Profit Targets:

TP1: $440

TP2: $455

TP3: $470 (if momentum sustains)

📊 Risk/Reward:

Favorable if reversal holds; potential 2:1 setup


🔍 Technical Observations:

Price bouncing from strong previous support zone (~$420)

Spike in buy volume after sharp red candles

Early signs of bottoming tail candles

Reversal not confirmed yet — wait for candle close above $430

📢 Signal Analyst: @RanaDanialBabar ar

🕰️ Timeframe: 1H (Short-Term Reversal Play)

⚠️ Caution: If price closes below $420, invalidate long setup — potential continuation of downtrend.