๐ง $TAO /USDT Technical Analysis (4H Chart)
๐ฐ Current Price: $412.2 (+0.07%)
๐ Moving Averages:
MA(7): $395.3
MA(25): $379.2
MA(99): $406.9
โ
Price has reclaimed the 99 MA, flipping it from resistance to potential dynamic support โ this is the first time in weeks.
๐ Structure Insight:
TAO just broke through multiple MA clusters and surged back above the critical $406โ$410 zone.
This push forms a V-shape recovery, and bulls are now challenging the late-May resistance band.
๐ฅ Momentum Snapshot:
MA(7) > MA(25) and price > MA(99) = bullish alignment confirmed.
If momentum sustains and TAO clears $420, the next upside wave could be sharp and fast โ especially given the prior high-volatility rejection zones.
๐งฑ Key Levels:
Support: $405 โ $395 โ $380
Resistance: $420 โ $438 โ $460
๐ฏ Trade Setup Idea:
Bullish breakout trigger: Above $420 with volume
Next target zone: $438โ$460
Stop-loss suggestion: Below $395 or $406 depending on your entry point
โ ๏ธ DYOR โ Do Your Own Research.
This is not financial advice. Markets can be volatile โ always trade responsibly!