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LeaOliveraPCT
--
Maxim S
ยท
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Bearish
๐Ÿšจ TAO/USDT โ€” double top!

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

๐Ÿ“‰ Pattern: double top

Max: 372.9

Min: 335.2

Neckline: ~335

โš ๏ธ Signals:

EMA 7 < EMA 25 and EMA 99 โ†’ bearish momentum

MACD bearish crossover

RSI and Stochastic oversold โ†’ possible rebound

๐ŸŽฏ Potential targets after breaking the neckline:
1๏ธโƒฃ 320 USDT
2๏ธโƒฃ 305 USDT
3๏ธโƒฃ 297 USDT

๐Ÿ’ก Strategy:

Sell on a close below 335, stop-loss 342

Or rebound from 338 โ†’ short-term buy until 345โ€“350

TAO is balancing on the edge โ€” watch the neckline and prepare for movement!

Spot trading ๐Ÿ‘‰$TAO

Futures ๐Ÿ‘‡
{future}(TAOUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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