๐ $TAO (TAOUSDT) โ How High Can It Go? ๐
๐ TAO is currently trading at $489.5, marking an impressive +11.38% gain for the day. With a 24H high of $497.3, momentum is strong, but can it push higher?
๐ Technical Breakdown:
โ Bollinger Bands Expansion โ Suggests volatility is increasing, hinting at a potential breakout.
โ RSI (6) at 56.52 โ Still in a bullish zone, indicating room for further gains.
๐ MACD Shows Weakening Momentum โ A consolidation phase might be near before the next push.
๐ฏ Key Levels to Watch:
โข Resistance: $500 psychological barrier
โข Next Upside Target: $520 if bullish momentum continues
โข Support: $475 โ If a correction happens, bulls must defend this level.
๐ฅ TAO is on the verge of a breakout! Can it push past $500 and aim for new highs? Watch closely!