๐ TAO Long Trade Setup ๐ข
$TAO is showing early signs of a potential short-term reversal after forming a local bottom near the $345.79 support area. The price is currently trading around $351.10, and momentum is beginning to shift as bulls attempt to reclaim control.
๐น Trade Setup (Long):
Entry Zone: $350.50 โ $353.80
Target 1 (TP1): $358.99
Target 2 (TP2): $364.00
Stop Loss (SL): $345.79
๐ Market Outlook:
$TAO has been in a downtrend, but the recent bounce from the $345.79 support level, combined with a slight bullish structure forming on the 15-minute chart, suggests a potential recovery. A successful hold above $350.50 may fuel continuation toward the $359โ$364 resistance zone.
Watch for strong bullish candles or a volume spike near the entry area to confirm momentum.
๐ท๏ธ #TAOUSDT #LongSetup #BฤฐNANCEFUTURES #ScalpSetup
Trade Now Here $TAO