#FTXrepayment # TAO Price Analysis at $404.30 ๐
### Current Price Overview
- **Price**: $404.30
- **Previous Price**: $395.00
- **Change**: +2.83%
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### TAO Overview
- **Current Price**: $404.30
- **Previous Price**: $395.00
- **Change**: +2.83%
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### Analysis & Trade Plan ๐ฏ
- **Support Zone**: $400.00 - $402.00
- **Resistance Zone**: $410.00 - $415.00
- **Entry Opportunity**: Consider buying around $404.30 if bullish momentum is confirmed.
- **Target**: Aim for $420.00 as a long-term target.
- **Stop Loss**: Set a stop loss around $397.00 to manage risk.
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### ๐ Long Setup (Bullish Trade)
- **Entry**: $402.00 - $404.30 (On pullback)
- **Take Profit Targets**:
- **TP1**: $410.00
- **TP2**: $415.00
- **TP3**: $420.00
- **Stop Loss**: Below $397.00
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### ๐ Short Setup (Bearish Trade)
- **Entry**: $410.00 - $415.00 (If rejection at resistance)
- **Take Profit Targets**:
- **TP1**: $404.00
- **TP2**: $402.00
- **TP3**: $400.00
- **Stop Loss**: Above $417.00
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### Pro Tip โจ
Monitor market trends and news surrounding TAO, as they can greatly influence price movements.
Happy trading! ๐๐
