$TAO /USDT – Pullback Stabilizing, Bounce Incoming? 🧘📊
$TAO is trading at $433.1 (+1.00%) after bouncing from a 24h low of $422.8. Despite a recent sharp drop from the $470–$480 range, the 4H chart is showing signs of stabilization and potential base formation.
📊 Trade Setup:
Entry Zone: $430 – $435
Take Profit Targets:
TP1: $445
TP2: $460
TP3: $475
Stop Loss: $422
With +20.58% in the past 30 days and a relatively shallow retracement, bulls may be preparing to reclaim higher ground. A close above $440 would be the first sign of regained strength.
🔍 Pro Tip: Watch for volume uptick and bullish divergence on shorter timeframes. If momentum returns, $TAO could quickly revisit the $460+ range.