$TAO /USDT FACING RESISTANCE AFTER RECOVERY — DECISION ZONE AHEAD!
$TAO has dropped -5.05% in the last 24 hours and is now trading near $391.10, just above a short-term support zone formed near $385.60. Despite a solid bounce from May lows, momentum is stalling below the $412.00 resistance. The chart now shows a critical decision point — break or bounce.
TRADE SETUP (NEUTRAL BREAKOUT WATCH):
Entry (Aggressive Long): $387.00 – $391.00
Target 1: $405.00
Target 2: $420.00
Stop Loss: $379.00
WHY LONG?
TAO’s bullish structure remains intact above $385, where it’s forming a higher low. If $391 holds with renewed volume, bulls may retest the $412–$420 supply area. However, failure to hold $385 support could invite deeper correction. Volume has dropped, indicating a possible consolidation before the next move.
RISK MANAGEMENT TIP:
Keep your SL tight — break below $379 would flip structure to bearish. Don’t average down blindly in volatility.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
