🚀 TAO — moment of truth at the key EMA
The market offers an opportunity.
TAO/USDT is trading near the zone of 221.4, where dynamic supports converge. The price is held above the short-term EMAs and is testing EMA99 (220.3) — a level from which a technical bounce and continuation of the local uptrend on the 1h timeframe is possible.
📊 Key indicators (1H)
EMA 21: 219.2
EMA 50: 217.9
EMA 99: 220.3 — key support
RSI (14): 59.5 — moderate strength of bulls, without overbought condition
MACD: +0.2 — weak but positive bullish momentum
🎯 Trading plan
🔵 Main scenario: LONG from EMA99
We expect a confirmed bounce from 220.3 while holding above the support zone.
Targets:
223.8 — +1.1%
224.6 — +1.5%
228.5 — +3.2%
📍 Entry points
Conservatively: retest 220.3 with confirmation (candle / volume)
Aggressively: entry at market from 221.4
🛑 Stop-loss
206.3 — below key lows, protection against false breakout
✅ Summary
TAO maintains a growth structure, and EMA99 serves as a critical decision-making level. With a confirmed bounce, the long scenario remains a priority. We work strictly according to the plan and manage risk.
Discipline = result. 💪📈
Spot trading 👉$TAO
Futures 👇
