$TAO /USDT – Uptrend Trading Signal Trade Type: Long (Buy)
$TAO Current Price: $339.8
Trend: Short-term uptrend, confirmed by higher highs and higher lows.
Recent Low Support: $328.3
Recent High Resistance: $342.8
Strong Bullish Recovery from the dip at $334, showing renewed buying pressure.
Entry: Around $339.8
Take Profit (TP):
TP1: $342.8 (previous high)
TP2: $346–350 (psychological zone, potential breakout area)
Stop-Loss (SL): $334.0
Just below recent support and EMA zone
Protects from a breakdown or trend reversal
Supporting Signals
MACD likely bullish (momentum building up)
Volume rising during bullish candles
Price bounce from higher low indicates continuation
+4.07% 24h gain, showing short-term strength
Summary
ParameterValuePair$TAO /USDTSignalBuy / LongTrendUptrendEntry$339.8Take Profit$342.8 / $346–350Stop-Loss$334.0