$TAO
TAO
312.4
+7.17%
BULLISH STRUCTURE INTACT
$TAO is showing strong bullish momentum, holding above critical support around 286.5 – 306.7 and forming higher lows, indicating potential continuation toward key resistance zones. Buying pressure suggests upward movement in the short term.
TECHNICAL OUTLOOK:
Support: 286.5 – 306.7
Resistance: 320.0 – 340.0
Sustained volume confirms buyers are in control.
TRADE PLAN:
Entry Zones:
Aggressive Entry: 306.7 – 310.0
Breakout Entry: Above 320.0
Take Profit (TP):
TP1: 330.0
TP2: 340.0
TP3: 350.0
Stop Loss (SL):
300.0 (below support)
RISK MANAGEMENT:
Use conservative position sizing, maintain a minimum 1:2 risk-reward ratio, and adjust SL to break-even after first target is reached.
