$TAO Reclaiming Momentum: The Bounce From the Abyss....
$TAO found solid footing at 287.5 after a steep decline, forming a sharp V-shaped rebound followed by healthy pullback candles. Current price action is forming higher lows on the 4H chart signaling potential strength building for another upward move.
đ Long Trade Setup
Entry Zone: 328 â 332
TP1: 343
TP2: 356
TP3: 368
Stop Loss: Below 319
Strategy Insight:
Despite bearish pressure earlier, TAO is defending a key zone above 320. A flip of short-term resistance into support can turn this into a powerful trend continuation. Monitor volume closely â a spike on the breakout above 336 could trigger strong upside follow-through.