$TAO Ignites Massive Breakout – Layer 1 Momentum Unstoppable
$TAO is trading around $528.5, marking an explosive +21.08% surge in the last 24 hours. The intraday high touched $539.4, while the low was seen near $430.7, showing strong buyer aggression and growing market confidence.
Reason:
Heavy momentum and expanding volume indicate a strong continuation rally driven by fresh Layer-1 accumulation. Traders are piling in as liquidity rotates from mid-caps toward narrative leaders, and TAO’s consistent strength confirms institutional demand and algorithmic momentum.
Key Levels:
Support: $505 and $480
Resistance: $540 and $565
Trend:
Clearly bullish — higher highs and higher lows with strong 15-minute and 4-hour structure confirmation. No major sign of weakness yet.
Trade Idea:
If $TAO holds above $520, bulls could push toward $560–$580 range for the next leg up.
If price breaks below $505, expect a short-term retest toward $480 for re-entry opportunities.
Possible Trade: ✅ Buy setup — momentum and structure both favor continuation as long as price sustains above support and volume remains healthy.
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