$TAO /USDT – BULLISH BREAKOUT IMMINENT AFTER CONSOLIDATION RANGE!
$TAO /USDT is showing strong bullish structure, currently trading around $387.1, after forming a clean consolidation box and respecting a retest of the breakout trendline. The market has built strong bullish momentum and is now preparing for another leg up!
🔑 Key Levels:
Resistance Zone: $390.0 – $396.8
Support Zone: $383.5 – $385.0 (Break & retest zone)
🟢 Trade Setup – LONG Position
Entry: $387.1
Take Profit (TP): $396.8
Stop Loss (SL): $383.5
🧭 Market Outlook:
The pair has formed a bullish continuation pattern after a strong uptrend and successfully retested the breakout zone. As long as price holds above $383.5, the upside potential toward $396.8 remains valid. A breakout above $390 will confirm bullish momentum.
⚠️ Risk Management Tip:
Only risk 1–2% of your capital per trade. Use fixed SL and avoid chasing entries after the breakout—wait for confirmation candles.
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