$TAO

TAOUSDT
Perp
365.52
-1.53%
BULLISH TECHNICAL ANALYSIS
$TAO is showing strong bullish momentum after holding above key support and testing short-term resistance. The price structure demonstrates higher lows and higher highs, confirming sustained buyer strength. Momentum indicators suggest continuation toward higher resistance levels.
Technical Outlook:
Trend: Bullish continuation after support confirmation
Momentum: RSI trending upward, signaling strong buying interest
Volume: Increasing volume validates the upward move
đŻ Targets (TP):
1ïžâŁ TP1 â $440.00
2ïžâŁ TP2 â $480.00
3ïžâŁ TP3 â $520.00
đ Stop Loss (SL): $360.00
Risk Management:
Risk only 1â2% of total capital per trade and trail SL to breakeven after TP1 is reached to protect profits.