📊 TAO/USDT Market Overview

Current Price: $472.94

24h Change: +11.16%

24h High / Low: $476.92 / $427.68

24h Volume: $210.74 million

Market Cap: $4.19 billion

Circulating Supply: 8.85 million TAO

All-Time High: $767.

📈 Technical Analysis
🔹 Trend Overview

$TAO has demonstrated a strong #BullishMomentum momentum, rebounding from the $380 support zone and breaking above previous resistance levels. The recent price action confirms a breakout from the minor downtrend, reclaiming the upward trendline.

🔹 Key Support and Resistance Levels

Support Zones:

$375–$385: Previously tested multiple times.

$421–$411: Strong support zone if pullback deepens.

Resistance Levels:

$460–$475: Current resistance range.

$500: Psychological resistance level.

🔹 EMA Crossover

The short-term EMA has crossed above the longer-term EMA, indicating a short-term bullish trend shift.

🛠️ Suggested Trade Setup
📌 Entry Strategy

Pullback Entry: Consider entering between $440–$450, ideally on a lower volume correction.

🎯 Take-Profit Targets

TP1: $470

TP2: $495–$500

🛡️ Stop-Loss

Stop-Loss: Set below $420 to protect against downside risk.

Note: Price is nearing resistance; avoid FOMO entries. Wait for confirmation or pullback. Maintain risk management due to TAO’s volatile nature.

🧠 Risk Management Tips

Avoid Chasing: Don't enter trades solely based on recent price surges.

Set Alerts: Monitor key levels for potential breakouts or breakdowns.

Stay Informed: Keep an eye on market news and updates that may affect TAO's price.