$TAO - MARKET UPDATE ALERT ๐จ
A sharp $6,537.8 long liquidation just hit at the key $421.9 level โ a classic shakeout that could set the stage for a bigger move.
๐ง Whatโs Happening:
Leveraged longs are getting flushed.
Weak hands out = opportunity for smart entries if support holds.
๐ Buy Zone (Dip Entry):
$384 โ $398
Strong historical demand zone. Watch for signs of strength here.
๐ฏ Target Levels:
T1: $432 โ Retest of liquidation zone
T2: $455 โ Mid-range resistance
T3: $487 โ Momentum target before major top
โ Stop-Loss:
Below $368 โ Break here could push price to $340
๐ Strategy Tip:
Be patient. Enter on dips with tight risk. Watch for volume spikes and bullish divergence in the buy zone.