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$TAO /USDT Buy Trading Signal - Attempted Breakout with Strong Accumulation! 🔥💯
The price of $TAO shows a strong bullish structure on the 15-minute chart, forming higher lows with consistent pressure near resistance. The recent breakout attempt above $374 indicates that the bulls are gaining momentum supported by trading volume, with the potential to push towards the $390 area or higher.
Trading Setup (Buy):
Entry Price: $374 - $375
Target: $390.6
Stop Loss: $368.3
Why Buy?
The price of $TAO is holding above its key daily support level, turning resistance into new support. Trading volume is steadily increasing, and the price structure indicates strong continuity. A move above $376 confirms increasing momentum for a rise.
Risk Management Tip: Keep the stop loss (SL) level low below $368 to protect against false breakouts. Monitor the stop loss (SL) level as the price rises to around $385 to safely take profits.
