Here's today's analysis for $TAO USDT:

*Current Price*: The current price of $TAO USDT is $368.70, with a closing price of $357.9 on May 2, 2025.

*Trading Ideas*:

- *Buy Position*: Consider buying $TAO USDT with a target price of $305, based on the current bullish trend. Another potential target is $349.00, with a stop loss at $210.00.

- *Short Trade Setup*: A short trade setup is possible with an entry zone below $266.42, targeting $262.46 and $257.81, with a stop loss above $268.19.

*Key Levels to Watch*:

- *Support Levels*: $300, $224, and $200 are crucial support levels to monitor.

- *Resistance Levels*: $370-$380 and $420 are potential resistance levels.

*Market Trend*:

- The current market trend indicates a potential bullish movement, with the price showing signs of upward momentum.

- A breakout above the falling wedge pattern could lead to a strong upward move.

*Price Targets*:

- *Short-term Target*: $305

- *Long-term Targets*: $736.7 and $1,012.9 ¹ ²