$TAO /USDT CHART ANALYSIS & TRADE SETUP

Trend Overview:

#TAO is showing bullish momentum after a strong rebound from the $380 support zone. The recent price action confirms a breakout from the minor downtrend, reclaiming the upward trendline.

Key Observations:

Support Zone: Around $375–$385, previously tested multiple times.

Resistance Level: Currently facing resistance near $460–$475 range (prior local high).

EMA Crossover: The short-term EMA (green) has crossed above the red EMA, indicating a short-term bullish trend shift.

Peak Profit: Marked at 8981.67% (100x)—a strong move that confirms high volatility and leveraged interest.

Trade Setup Idea:

Entry:

Look for a pullback entry between $440–$450, ideally on lower volume correction.

Targets:

TP1: $470

TP2: $495–$500

Stop Loss:

Below $420 (beneath the most recent higher low & EMA support).

Risk Note:

Price is nearing resistance; avoid FOMO entries. Wait for confirmation or pullback. Maintain risk management due to TAO’s volatile nature.

Trade $TAO