$TAO / USDT – RETESTING SUPPORT AFTER SPIKE! ⚠️🔁
$TAO recently wicked to $500 before retracing sharply to the $392 range. This heavy drop suggests short-term weakness, but price is now hovering just above key support near $385–$390.
Volume is cooling down and order book shows buyer interest returning gradually. If $TAO holds this level, a relief bounce may follow — but caution is crucial!
📊 Trade Setup (Cautious Long):
• Entry: $388 – $393
• TP1: $405
• TP2: $418
• SL: $379
📌 Wait for bullish confirmation (MACD/RSI cross) before jumping in. Momentum is neutral-to-weak!