Wrapping up the day with a review, the market is growing strongly, I think we will continue to rise on manipulations until we accumulate the necessary number of long positions!
š¤ On the #TAO chart (4H)
The analysis is presented using elements of smart money concepts (Break of Structure, CHoCH, EQH/Equal Highs, Demand Zones). Here's a brief overview:
Current situation: - The price has reached around $340, testing the "Weak High".
ā”ļø Bullish scenario: holding the $345ā360 area with subsequent accumulation and a breakout upwards ā continuation of the uptrend.
ā”ļø Correction: a pullback to the $320 zone, accumulation, and growth ā a positive signal. A break below $240 and consolidation under the "Strong Low" will lead to a drop to $180ā200.
ā Key support levels remain at $345, $320, and $315. The structure still shows signs of a bullish trend, but weakness above $480 and consolidation below $340 will open the way to a deep decline.BINANCE | #ENA #TAO/USDT