$TAO /USDT – Bullish Continuation Setup
Market Context
TAO has staged a solid bounce from the 216 support level and is now consolidating near 230 following a strong bullish impulse. Price structure remains positive, indicating continuation potential as long as it stays above the breakout region.
Trade Plan
🔹 Direction: Long positions only
Entry Area
📍 226 – 229
Profit Targets
🎯 TP1: 235
🎯 TP2: 242
🎯 TP3: 250
Risk Management
🛑 Stop-Loss: Below 220
Price Outlook
As long as price respects the 226 support, bulls remain in control. A decisive move above 232 could fuel the next leg up toward higher resistance zones. Lock in profits gradually and trail stops once the first target is secured to protect gains.
