$TAO /USDT Trade Setup

Market Insight

$TAO /USDT is showing a strong bullish momentum with an 8.17% daily gain and trading near the upper Bollinger Band. Volume is solid, and price action indicates potential for continuation if it breaks the resistance zone.

Entry

🔹 Buy Range: $342 – $352

(Entering slightly below current price provides better risk/reward positioning)

Targets

🎯 Target 1: $362 – Upper Bollinger Band resistance

🎯 Target 2: $375 – Recent supply zone / psychological resistance

🎯 Target 3: $392 – Fibonacci extension & breakout target

Stop Loss

🔻 Stop Loss: $323 – Below lower Bollinger Band & previous local low

Key Levels

Support: $323 / $342

Resistance: $362 / $375

Pivot Point: $352.2 (Current market price)

Pro Tip

If volume continues to rise and price sustains above $356, consider trailing your stop to lock in profits. Watch for MACD crossover or SAR flips on lower timeframes (15m–1h) for exit signals.

#BTCBreaksATH #TrendTradingStrategy #BinanceHODLerLA #SECETFApproval #BinanceTurns8