$TAO /USDT is showing strong bullish momentum, outperforming major assets like Bitcoin with an impressive 9.42% gain in the last 24 hours. The chart indicates a clear breakout above the descending resistance trendline and the 50-day EMA, which signals a possible trend reversal toward higher price zones.
Entry Level: $270.00 – $271.82
The current price is testing the 200-day EMA around $267 – $268. A confirmed move above this resistance or a small pullback into this zone provides a strong entry for the long position.
Take Profit (TP): $300.35
Stop Loss (SL): $255.68
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TAOUSDT
Perp
248.03
-2.12%
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