I have been closely watching the $TAO chart structure and price action. Price is currently trading around a strong decision zone where buyers are trying to regain control. The recent movement shows that TAO is respecting key levels, and a confirmed bounce from this area can create a good upside opportunity.
📊 $TAO Potential Long Setup 🚀
Entry Zone: 248 – 252
Stop Loss: 238
🎯 TP1: 265
🎯 TP2: 280
🎯 TP3: 300
TAOUSDT
Perp
251.15
-6.55%
I’m keeping this setup on my watchlist because the risk-to-reward looks interesting from this zone. If buyers defend the support and volume starts increasing, TAO can move towards higher targets.
Stay patient and wait for confirmation before entering.