$TAO LONG LIMIT AT 205 – STRUCTURE IS SET 📉
Entry: 205.14 🔥
Target: 212.47 🚀
Stop Loss: 200 ⚠️
This limit entry at 205.14 sits directly on a prior support zone that has attracted bids twice this month. The stop below 200 suggests a liquidity grab is expected before the move higher. The R:R at roughly 1:1.4 isn't the widest, but the target at 212.47 is a clear resistance level where volume typically spikes.
Volume on the hourly chart just contracted after a small sell-off, often a precursor to a directional move. Are you filling this order or waiting for a lower sweep?
Not financial advice. Always manage your risk.
#TAO #LongSetup #LimitTrade #Crypto
🔥
Entry: 205.14 🔥
Target: 212.47 🚀
Stop Loss: 200 ⚠️
This limit entry at 205.14 sits directly on a prior support zone that has attracted bids twice this month. The stop below 200 suggests a liquidity grab is expected before the move higher. The R:R at roughly 1:1.4 isn't the widest, but the target at 212.47 is a clear resistance level where volume typically spikes.
Volume on the hourly chart just contracted after a small sell-off, often a precursor to a directional move. Are you filling this order or waiting for a lower sweep?
Not financial advice. Always manage your risk.
#TAO #LongSetup #LimitTrade #Crypto
🔥