TAO got dumped from 377 to 234 — and nobody is talking about the bounce setup forming right now. 👀
$TAO /USDT - LONG
Trade Plan:
Entry: 248.3 – 249.7
SL: 234.3
TP1: 258.7
TP2: 290.3
TP3: 321.8
Why this setup?
• Price is bouncing off the 234.3 bottom and holding the 248–249 range for multiple daily candles — accumulation is happening quietly 🔍
• SuperTrend(10,3) sitting at 295.9 — a reclaim of that level opens the door to 321+ fast 📈
• Current vol at 33,953 is well below MA(5) of 68,754 — low volume consolidation before the expansion move 💥
• Why now? 24h range is extremely tight at 248.3–258.0 — compression like this always resolves with a big candle, and the bias is up 🎯
Debate:
TAO bled from 377 all the way to 234 — is this the capitulation bottom or are we still in a downtrend with lower lows ahead? Drop your level below 👇
And don't Forget these 💎 gems !!!
