$TAO /USDT LONG TRADE SETUP
$TAO is currently trading near 275.84, showing a decisive reversal in market structure following Grayscale's filing to launch the first Bittensor-focused ETF earlier this month. After clearing previous resistance zones, the price is now successfully holding the retest level within a high-probability demand zone between 273.0 and 276.5. With the market shifting toward selective risk appetite for decentralized AI, a move toward the next liquidity zone is highly probable as the recent inflation halving reduces sell pressure.
Target Points
TP1: 290.00 (Previous reaction high and near-term liquidity)
TP2: 305.00 (Major resistance and higher-timeframe liquidity area)
TP3: 312.00 (Next major resistance level for trend confirmation)
Stop Loss
Set stop loss below 258.00 to protect capital if the demand zone fails and the structure is invalidated.
Buy and Trade here on
$TAO
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