$TAO 🚀BULLISH SIGN & UPWARD TREND 🚀
📊 Technical Analysis & Chart Overview
🔍 Chart Pattern:
TAO is forming a symmetrical triangle, suggesting price compression.
Volatility squeeze indicating a major breakout or breakdown is imminent.
📈 Key Technical Indicators:
Indicator Value Signal
RSI (14) 56 Neutral, leaning bullish
MACD Slight bullish divergence Momentum building
50-day EMA $387 Acting as dynamic support
200-day EMA $429 Long-term resistance zone
🎯 Authentic Trading Strategy
🛒 Entry Zones
Aggressive Entry: $390–$395 (support bounce)
Breakout Entry: Above $429 with volume confirmation
🎯 Targets:
TP1: $450
TP2: $478 (ATH test zone)
TP3: $510+ if AI sector hype returns
🛑 Stop Loss:
Conservative: $372
Aggressive: $360 (invalidates bullish structure)
📝 Disclaimer
> This is not financial advice. Cryptocurrency investments carry significant risk and volatility. Please Do Your Own Research (DYOR) and consult a licensed financial advisor before investing.