Bittensr$TAO ) Trading Alert
Hey, I’m feeling the energy—TAO is making serious moves! Check out the key details and trade setup below:
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Tip 1: Jump in the Buy Zone
I’m watching the $360–$370 range closely. That zone looks like a sweet spot for an entry as TAO holds steady there. Real-time pricing across platforms confirms this level is a strong area for buyers .
Tip 2: Watch Key Support & Resistance
Support:
Around $340.90, a level that’s repeatedly halted declines recently .
Also, there's a broader accumulation zone down at $220–$280—a long-term stronghold if the price dips further .
Resistance:
Immediate ceiling at $358.27—the price has struggled to break above this .
Major resistance near $414.61—a breakout past this could open the path to higher levels like $479 .
Tip 3: Set Targets & Stop-Loss
Target Prices:
First target: $380–$385, a normal pullback upside.
Stretch targets: $414 (breakout level), then possibly $480 if bullish momentum continues.
Stop-Loss: Set it just under $340, maybe around $338, to protect against a deeper drop.
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Market Feeling: Cautiously Bullish
TAO is consolidating—but holding above crucial support like $340 is promising. A clean break above $358 with volume could trigger a bullish run. Conversely, slipping below $340 may signal a downturn toward lower zones. Right now, buyers hold a slight edge .
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Snapshot Summary
Element Details
Current Price ~$372 (range $368–$375)
24-h Change +3–5% roughly
Buy Zone $360 – $370
Support $340.90; broader at $220–$280
Resistance $358.27; major at $414.61
Targets $380 → $414 → $480
Stop-Loss Just below $340
Market Feeling Cautiously Bullish, waiting for breakout
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I'm watching this setup closely—TAO may be gearing up for a breakout if support holds strong around $360–$370!
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