$TAO /USDT SHOWING BULLISH MOMENTUM AS PRICE HOLDS ABOVE KEY SUPPORT
TAO is currently trading around $295.6, showing strong bullish energy after bouncing from the 24h low at $273.9 and moving closer to the 24h high at $308.1. Buyers are active, and the market structure on lower timeframes suggests continuation to the upside if key levels hold.
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๐ฅ Key Levels to Watch
Resistance Levels:
$300.8 โ Immediate resistance
$308.1 โ 24h high and the main breakout level
Support Levels:
$292.2 โ First support
$286.5 โ $287.2 โ Strong support zone
$273.9 โ Major swing low support
Price is currently hovering near $295โ$297, showing stabilization above support.
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๐ Bullish Trade Setup (Long Entry)
Entry:
$292 โ $296 (current range and retest zone)
Targets (TP):
TP1: $300
TP2: $308
TP3: $320 (if breakout momentum continues)
Stop-Loss (SL):
$286 (below strong support zone)
This setup offers a clean risk-to-reward ratio while TAO maintains bullish structure.
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โ Final Thoughts
The chart shows strength, momentum, and a clear uptrend forming. Stay disciplined, follow your setup, and trust your process. Every step you take today brings you closer to your goalsโkeep moving forward with confidence! ๐๐ช$TAO #nimistark
