$TAO
– STRONG BASE ABOVE $413, NEXT MOVE EYES $420 BREAKOUT
CONSISTENT HIGHER LOWS FORMING ON 15M CHART.
PRICE HOLDS ABOVE EMA(99) WITH BUYERS DEFENDING PULLBACKS.
$TAO USDT surged to $419.3 before facing mild rejection, but the price continues to form higher lows, respecting key EMAs. EMA(7), EMA(25), and EMA(99) are closely aligned, suggesting compression before an expansion. Price action remains bullish as long as the $413 support holds.
LONG TRADE SETUP
Entry: 414.5 – 416.0
Target 1: 419.5
Target 2: 424.0
Stop Loss: 411.5
A breakout above $419 with volume could confirm the next leg upward. Watch for a strong bullish candle above $417 to validate entry.