📉 $TAO – LONG SETUP READY FOR LIFTOFF
Alright traders, sharpen your entries — this one’s shaping up like a calm-before-the-bounce scenario.
🎯 Long Plan
• Entry Zone: $296.00 – $299.00
• Stop Loss: $287.50
• Take Profit: $314.00 ➝ $328.00
📊 Market Structure Insight:
The EMA-50 around $297.63 is acting like TAO’s personal bodyguard, holding the line and refusing to let price sink without a fight. As long as we stay above this zone, the bull case stays alive and well.
🔍 Indicators Check:
RSI ~41: Not overheated, not exhausted — just chilling with plenty of room to pump.
MACD deeply negative: Downward momentum is fading, and a bullish cross-up is lurking like a surprise guest at a breakout party.
📈 Outlook:
If price slips below $294, expect a dip toward $287.26 for a full retest.
If bulls break above $315, say hello to the $328 target — the next liquidity pocket waiting to be tapped.
Tagging the squad: $ZEC $PIPPIN keep them on watch.
