$TAO/USDT LONG TRADE SIGNAL – BREAKOUT IN PROGRESS

Entry Price: $265 – $270

Target 1: $285

Target 2: $310

Final Target: $350

Stop Loss: $245

Why Long?

Bittensor ($TAO) is showing strong bullish momentum, currently trading around $270.46, up 8.88% in the last 24 hours. The price has broken out from a descending wedge pattern, indicating a potential trend reversal. Technical indicators such as RSI and MACD are turning bullish, supporting the upward movement. If $TAO maintains its pace and breaks above the $270 resistance level with volume, it could reach the outlined targets in the short term.

Risk Management Tip: Once the first target is hit, consider adjusting your stop-loss to secure gains and protect capital.

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