Watching $TAO for a potential breakout from its current range
As long as $TAO stays above its recent swing low and the SMA7 holds, it looks primed for a leg up towards resistance at 291.60, given the bullish trend and momentum indicators
SMA7 is above the current price, 10-bar trend is bullish, last candle is bullish
A daily close under 195.70 breaks this setup and invalidates the long thesis
Are you buying this dip on $TAO or waiting for a clearer breakout signal?
As long as $TAO stays above its recent swing low and the SMA7 holds, it looks primed for a leg up towards resistance at 291.60, given the bullish trend and momentum indicators
SMA7 is above the current price, 10-bar trend is bullish, last candle is bullish
A daily close under 195.70 breaks this setup and invalidates the long thesis
Are you buying this dip on $TAO or waiting for a clearer breakout signal?