$TAO The daily chart is bearish, but the four-hour indicator is moving within a range, while the hourly indicator is bullish. The price is now above the hourly exponential moving averages, indicating short-term strength. The hourly relative strength index is rising at 55, suggesting increasing momentum. The relative strength index on the fifteen-minute chart (RSI > 50) confirms this move. Enter a buy position upon breaking the level of 304.0, targeting 311.8. The situation is now set for a counter trend rebound.
Executable buy position now
Entry point: market at 302.670044 - 305.264926
First profit target: 311.75213
Second profit target: 314.347011
Third profit target: 319.536774
Stop loss: 296.18284
Please follow up
TAO
297.4
-2.33%