My View on $TAO
📊 Daily Timeframe Analysis 🔎
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🔍 My View:
1️⃣ Bearish Structure ✅ Complete! Currently at a Major Support .
2️⃣ A Bullish Engulfing on the Daily Timeframe 📊 could confirm a bullish reversal! Need to wait for the candle close .
3️⃣ Question for you ❓ – Why have I marked all the identical-looking patterns with a red ellipse? 🤔 Comment below! ⬇️
4️⃣ Price will retest near its current level before a strong rally 🚀.
📊 Key Points to Keep in Mind! 🔍
👉 Follow for Daily Analysis! 🚀
🔹 1️⃣ Showing Weakness ❌ – Not the right time to go long! Analysis on BTC & ETH has been shared! 📊
🔹 2️⃣ No Base Yet ⚠️ – Still has room to correct further 📉.
🔹 3️⃣ Look for a Double Bottom or an Ellipse 👀 – Confirmation is key!
🔹 4️⃣ 360 = MAJOR RESISTANCE 🚧 – Let it break, retest, then enter at a Bullish Engulfing / Morning Star and ride the wave without fear! 🌊🔥
**(Whichever pattern forms at the bottom will appear on the first retest—**that’s the right time to enter!) ✅
