300 Crossed ....
its near about TPs,..
its near about TPs,..
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Razalal
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🚀 #TAO/USDT Long Trade Setup (1H Timeframe)
The chart shows a classic consolidation and "Change in State of Delivery" (CISD) pattern. After a sharp rejection from $310, price found support near $272, creating a potential higher-low structure.
$TAO
📉 Trade Details:
Entry Zone: $272.50 – $273.00 (Current Market Price)
Stop Loss (SL): $258.00 (Below recent swing low/liquidity sweep)
Take Profit 1 (TP1): $289.50 (Initial resistance/liquidity)
Take Profit 2 (TP2): $310.00 (Previous high/Target)
Risk/Reward Ratio: ~1:2.5
🔍 Technical Analysis:
Liquidity Sweep: Price recently swept the internal sell-side liquidity (SSL) below the $270 level and saw an immediate aggressive buy-back, indicating strong demand.
Market Structure: On the 1H chart, we are looking for a shift in market structure (MSS). If TAO holds the $272 level, it confirms a bullish "Higher Low" formation.
Fundamental Catalyst: NVIDIA’s recent praise of Bittensor’s distributed training capabilities has injected significant volume, making pullbacks attractive for "buy-the-dip" traders.
The chart shows a classic consolidation and "Change in State of Delivery" (CISD) pattern. After a sharp rejection from $310, price found support near $272, creating a potential higher-low structure.
$TAO
📉 Trade Details:
Entry Zone: $272.50 – $273.00 (Current Market Price)
Stop Loss (SL): $258.00 (Below recent swing low/liquidity sweep)
Take Profit 1 (TP1): $289.50 (Initial resistance/liquidity)
Take Profit 2 (TP2): $310.00 (Previous high/Target)
Risk/Reward Ratio: ~1:2.5
🔍 Technical Analysis:
Liquidity Sweep: Price recently swept the internal sell-side liquidity (SSL) below the $270 level and saw an immediate aggressive buy-back, indicating strong demand.
Market Structure: On the 1H chart, we are looking for a shift in market structure (MSS). If TAO holds the $272 level, it confirms a bullish "Higher Low" formation.
Fundamental Catalyst: NVIDIA’s recent praise of Bittensor’s distributed training capabilities has injected significant volume, making pullbacks attractive for "buy-the-dip" traders.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.