$TAO Analysis – Weekly Bullish Momentum & Daily Setup
After $TAO bounced from the weekly Fair Value Gap (FVG), it quickly created another weekly bullish FVG, showing strong bullish momentum and respect for the discount zone.
✅ What we want to see now is the price continuing to respect this weekly FVG after the recent retracement — and currently, we’re seeing rejection from it, which is a positive sign.
📊 On the daily timeframe, $TAO has:
Disrespected the daily SIBI (bearish FVG)
potential new bullish Daily FVG
This indicates a strong bullish structure forming on the daily chart.
📍 My plan is to wait for the daily FVG to fully form, then look for confirmation on lower timeframes before entering the next move.
🎯 Next target: 489
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