Binance Square
Discover
News
Notification
Profile
Bookmarks
Chats
History
Creator Center
Settings
Post
LeaOliveraPCT
--
Maxim S
·
--
Bearish
🚨 TAO/USDT — double top!

Price: 338 USDT, recently dropped from 348.7. On the 1H chart, a short-term downward trend is visible.

📉 Pattern: double top

Max: 372.9

Min: 335.2

Neckline: ~335

⚠️ Signals:

EMA 7 < EMA 25 and EMA 99 → bearish momentum

MACD bearish crossover

RSI and Stochastic oversold → possible rebound

🎯 Potential targets after breaking the neckline:
1️⃣ 320 USDT
2️⃣ 305 USDT
3️⃣ 297 USDT

💡 Strategy:

Sell on a close below 335, stop-loss 342

Or rebound from 338 → short-term buy until 345–350

TAO is balancing on the edge — watch the neckline and prepare for movement!

Spot trading 👉$TAO

Futures 👇
{future}(TAOUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
6
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number
Sitemap
Cookie Preferences
Platform T&Cs
Sitemap
Platform T&Cs
Cookie Preferences