$TAO /USDT TECHNICAL ANALYSIS: BULLISH SETUP AHEAD
$TAO /USDT shows strong bullish momentum after bouncing from key support near 285.9. The pair is currently testing resistance levels around 314.7–316.5. A breakout above this zone could trigger further upside, while minor pullbacks may offer long entry opportunities.
Trade Idea:
Long Entry: 308.0–310.0
Target 1 (TP1): 318.0
Target 2 (TP2): 325.0
Stop Loss (SL): 300.0
Technical Outlook:
Support levels: 285.9 / 293.5
Resistance levels: 314.7 / 316.5
Momentum indicators suggest continuation of upward trend with potential short-term consolidation.
Risk Management:
Only risk 1–2% of trading capital per trade and adjust position size according to volatility. Avoid overleveraging during high volatility zones.
#CryptoAnalysis #TAOUSDT #TechnicalAnalysis #BullishSetup #TradingSignals $TAO
