#IntradaySignal Trading Signal for $TAO /USDT (15-Min Chart Analysis)

Technical Analysis:

The price is currently at 421.04 USDT, showing a downward trend with a significant sell-off.

The nearest support level is around 418.30 USDT, while the resistance level is at 462.90 USDT.

The market structure indicates possible short-term recovery after a sharp drop.

Trading Signal (Intraday Buy Setup):

✅ Entry Point: 421 - 423 USDT (after confirmation of a bounce from support)
🎯 Take Profit (Targets):

Target 1: 432 USDT

Target 2: 445 USDT

Target 3: 460 USDT (if bullish momentum continues)
🛑 Stop-Loss: Below 415 USDT (to minimize downside risk)

Alternative Short Trade (If Price Rejects Resistance at 430-432 USDT)

✅ Entry Point: 429 - 431 USDT
🎯 Take Profit:

Target 1: 418 USDT

Target 2: 410 USDT
🛑 Stop-Loss: Above 435 USDT

Risk-Reward Ratio:

Long Setup: ~2:1

Short Setup: ~2.5:1

📌 Trade with proper risk management! Wait for confirmation before entering a trade. 🚀