TAO/USDT Market Setup š
Current Price: $343.6 (+1.15%)
24h High: $345.3 | 24h Low: $336.8
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š Market View
TAO is consolidating around $343, holding slightly above the lower Bollinger band ($333). Momentum is weak but showing signs of a short-term bounce. The MACD remains bearish but flattening, indicating possible stabilization before the next move.
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š¹ Spot Traders Note
Immediate support: $336 ā $333
Resistance to watch: $347 ā $352
Spot buyers may consider accumulating near support with a partial exit around resistance levels.
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š Futures Setup
Entry Zone: $338 ā $343
Targets:
TP1: $352
TP2: $360
Extended: $369
Stop Loss: below $330
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š Market Outlook
If TAO sustains above $343ā$345 and breaks $352, bullish momentum could push toward $360ā$369.
Failure to hold above $336 may drag price back to $328 or even $320.
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š Note
Short-term trend: Neutral to mildly bullish
Medium-term: Needs breakout above $352 for confirmation.
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ā Risk Note
Crypto markets remain highly volatile. Sudden swings of 5ā10% can occur. Use proper risk management, avoid over-leverage, and adjust stop losses according to volatility.
