$TAO Trade Setup – Holding Support After Impulse Move
Entry Zone
218 – 222 → Accumulation area where buyers are expected to step in.
Bullish Confirmation
Above 224 → Breakout level that signals strength and continuation of the move.
Targets
TP1: 231 → First profit zone, ideal for partial exits.
TP2: 249 → Mid-range target, showing momentum continuation.
TP3: 279 → Extended target if bullish trend sustains.
Risk Management
Stop Loss: 210 → Protects capital in case of breakdown below support.
Market Context
TAO has shown strong impulse buying, now consolidating near support.
Holding above 218–222 keeps the bullish bias intact.
A clean break above 224 could trigger momentum toward higher targets.
Trading Notes
Patience is key: wait for confirmation above 224 before scaling in.
Consider partial profit-taking at each target to lock gains.
Always respect the Stop Loss (210) to manage risk effectively.
Summary: $TAO is holding support after a sharp move. Watch 224 for bullish continuation, with upside potential toward 232 / 250 / 280.PLEASE FOLLOW BDV7071.$TAO
