🚀 $TAO /USDT LONG SIGNAL – STRONG SUPPORT REJECTION ZONE HOLDING!
$TAO is showing a solid bounce from the key demand zone around $380. The 30-minute chart highlights multiple wicks rejecting downside, and price has reclaimed $383+ with momentum gradually shifting bullish again. This zone has acted as a strong base for upward moves recently.
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Trade Setup (LONG):
Entry Price: $382.15 – $384.00
Target 1: $389.00
Target 2: $397.29
Stop Loss: $376.83
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Why Long?
Price tested the demand zone multiple times and held with clear rejection tails. Current candle shows buyers regaining strength, and the horizontal structure confirms this as a solid bounce zone. This kind of confluence often leads to rapid upside movement, especially in trending pairs like $TAO.
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Risk Management Tip:
SL is tightly placed just below the last rejection at $376.83. If the trade goes in your favor, trail your SL above $386 to lock profits while aiming for $397. Partial profits around $389 is also recommended.
Buy and Trade here on $TAO
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