$TAO / USDT Long Continuation Setup š
$TAO has demonstrated a robust recovery from the 216 support zone, now trading around 230 following a strong bullish impulse. The market structure remains bullish, especially as price maintains above the recent breakout area.
Trade Scenario: Long only š
Entry Zone: 226 ā 229
TP 1: 235
TP 2: 242
TP 3: 250
SL: Below 220
As long as $TAO holds above the 226 support zone, buyers are expected to remain in control. A clear continuation above 232 could pave the way for a move towards higher resistance levels.
Always manage risk carefully. Consider trailing your SL once TP 1 is achieved to protect profits. ā
(TAOUSDT)
