$TAO โ Bullish Bounce Setup ๐
Failed breakdown with strong bids stepping in โ potential for an upward squeeze.
Trade Plan (Long $TAO):
Entry: 178 โ 182
Stop Loss: 168
Targets: TP1: 195 | TP2: 210 | TP3: 230
Analysis:
The recent dip failed to gain momentum, and buyers quickly absorbed selling pressure. This shows strong demand and well-defended structure. As long as this support zone holds, the path of least resistance is higher.
TAOUSDT
Perp
272.97
+3.69%