$TAO

TAO/USDT – Demand Zone Rejection & Trendline Break: Bullish Reversal Play

TRADE SETUP (LONG):

Entry Zone: $418 – $421

Stop Loss (SL): $408 (below demand zone & recent wick lows)

Take Profit Targets:

TP1: $426 (local high / minor resistance)

TP2: $454 (swing level)

TP3: $462 (full extension target)

Risk/Reward: Favorable — 1:2 to 1:4 depending on exits

MARKET OUTLOOK:

Demand Zone Reaction: $410 acted as a strong support — aggressive buyer response

Volume Spike: Confirms participation from bulls.

Bullish Engulfing Candle: Indicates short-term trend reversal

Break of Descending Trendline: Adds momentum confirmation.

Key to Watch: Holding above $415 = structure remains bullish

Strategy Tip:

Look for a pullback into $419-$420 with a bullish candle + volume confirmation on 15M or 1H chart for optimal entry. If TAO closes strong above $426, expect acceleration toward $450+ levels.

buy and trade here $TAO .