$TAO launched after the retest from trendline.
+10% flat gain.
Grab some profit here and put SL at BE. No market buy recommended at this range. The support zone remains also valid for future liquidity grab.
TAO
273.8
-6.20%
👉#TAO Analysis:
$TAO has successfully broken out of its falling wedge pattern on the daily timeframe — a bullish reversal structure that often signals the end of a downtrend. Following the breakout, $TAO has retested and reclaimed the horizontal support zone, confirming it as a strong demand area.
As long as $TAO continues to hold above this zone, the bullish structure remains intact, and the bias leans toward further upside continuation. Holding support here could set the stage for another leg higher — making this a promising zone to look for long opportunities with proper risk management.
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{spot}(TAOUSDT)
#TradeSignal
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#FedPaymentsInnovation
$TAO has successfully broken out of its falling wedge pattern on the daily timeframe — a bullish reversal structure that often signals the end of a downtrend. Following the breakout, $TAO has retested and reclaimed the horizontal support zone, confirming it as a strong demand area.
As long as $TAO continues to hold above this zone, the bullish structure remains intact, and the bias leans toward further upside continuation. Holding support here could set the stage for another leg higher — making this a promising zone to look for long opportunities with proper risk management.
#Follow_Like_Comment
{spot}(TAOUSDT)
#TradeSignal
#ChartAnalysis
#FedPaymentsInnovation
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