$TAO /USDT Deep Market Insight

A long liquidation of $6.23K just triggered at $311.66, showing how quickly bulls lost grip as price rejected higher levels. This liquidation highlights that aggressive long positions were vulnerable and got flushed in today’s volatility.

Technical Picture:

Support Levels: $308 (near-term defense) & $300 (psychological floor).

Resistance Levels: $320 (short-term barrier) & $335 (key upside hurdle).

Bias: Bearish-to-neutral after liquidation, but trend resilience depends on $308 support.

🎯 Trading Roadmap:

Buy Entry: $308 – $312 (best dip-buy zone).

Targets: $320 / $335.

Stop-Loss: Below $300 to protect against extended downside.

💡 Market Insight:

Liquidations like this clear over-leveraged longs and reset momentum. If TAO can hold above $308, a recovery wave toward $320 is likely. However, a break under $300 could open the door for sharper declines toward $285.

⚡ Next Move: Watch how TAO reacts at the $308–$312 region. A strong bounce gives bulls confidence, while weakness signals more downside pain.

#GoldHitsRecordHigh #CryptoETFMonth #BTCPriceVolatilityNow #BinanceHODLerEDEN #Token2049Singapore