Technical Observations:
1. Current Price: $380.9
Close to the 24h high of $381.4 → shows strong bullish momentum.
2. Moving Averages (MA):
MA(7) = 379.2 (short-term trend above support).
MA(25) = 376.1 (bullish crossover seen earlier).
MA(99) = 372.7 (long-term support).
👉 Price is trading above all key MAs, confirming an uptrend.
3. RSI (6) = 79.3
This indicates overbought levels, suggesting the price may face short-term resistance or a small correction before continuing upward.
4. Volume: Increasing green volume bars show buying pressure is still strong, but spikes may cool down.
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📈 Future Trade Prediction (Short-Term):
Bullish Scenario (Likely):
If momentum holds, TAO can break $382–$385 resistance and aim for $395–$400 in the next sessions.
Bearish Scenario (Pullback Risk):
Since RSI is high, a short-term dip toward support levels of $376 → $372 is possible before continuation upward.
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🎯 Trading Strategy:
Entry (Long Buy): Around $376–379 on a small dip.
Take Profit Zones: $390, then $398–$400.
Stop Loss: Below $371 to limit downside risk.
