#TAOUSDT 4-hour chart:
Price is at 364.62, slightly recovering (+2.62%).
Bollinger Bands show the price is closer to the upper band but pulling back a little.
SAR (Parabolic) dots are below the candles, which usually signals bullish (uptrend).
RSI(6) is around 55.87, meaning it's neutral to slightly bullish (not overbought yet).
Williams %R is at -47.29, also a neutral to slight bullish sign.
Volume is a bit elevated recently, suggesting interest in the move.
My suggestion:
If you are already holding a position, you could long with tight stop-loss around 355-360.
If you want to open a new position, better wait for confirmation: either a clear bounce up from current level or a deeper pullback.
Entry:
Enter around 364 - 362.
If price dips slightly (small retrace), it’s still safe around 360.
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Stop-Loss:
Place stop-loss at 354.
This is below the recent support zone — if price breaks it, trend could reverse.
Take-Profit Targets:
First Target (TP1): 373 (Upper Bollinger Band and small resistance)
Second Target (TP2): 385 (Near recent high area)
Final Target (TP3): 392 (if momentum stays strong)
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Risk Management:
Risk-Reward Ratio is good: risking about 8-10 USDT for a possible 20-30+ USDT gain.
Use 25-50% of your capital — don’t overleverage because market volatility is visible.
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Summary Table:
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Important Tip:
If price reaches TP1 (373), move your stop-loss to Entry (breakeven) to protect your profit.
Watch RSI and SAR — if they start turning bearish before TP1, exit early.