$TAO
USDT LONG TRADE SIGNAL🟢
TAO has shown signs of forming a potential reversal from a key support zone between $295–$298 after a prolonged downtrend. The price action is suggesting a rebound is likely, with a bullish engulfing candle forming near the lower support. A clean breakout above $303 would further confirm bullish momentum, targeting a strong recovery toward the $329–$330 zone.
Trade Setup:
Entry Point: $298 – $301
Stop Loss: $294.50
Take Profit: $329
Margin: 2–3% of wallet
Leverage: 10x
Market Outlook:
Momentum is oversold with a strong demand zone providing a base. If volume confirms this bounce, TAO could rally sharply toward the next resistance at $330. A close below $295 would invalidate this setup.
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buy and trade here on $TAO