$TAO – PULLBACK WATCH
$TAO /USDT recently touched a high at $355.6 but faced resistance near the 99 EMA (354.6), leading to a pullback toward $337.4 support. The price is now hovering around $342.9, showing some recovery signs while the 7 EMA (342.6) tries to stabilize below the 25 EMA (347.7).
A strong push above $348–350 could confirm renewed bullish momentum and target the $354 – $358 zone, where further upside may open if volume strengthens. On the downside, failure to hold above $340–337 may extend weakness toward the $332 region.
Trade Setup (LONG)
Entry Zone: 340 – 344
Targets: 348 – 354 – 358
Stop Loss: 336
Risk Management: Limit exposure to 1–2% of portfolio. Once the first target is achieved, move stop-loss to breakeven to protect profits.