🚀 TAO/USDT Long Trade Setup 🚀
📌 Entry Zone: 221.0 – 225.0
🎯 Take Profit: 321.0
🔻 Stop Loss: 210.0
This setup is based on a Double Bottom (W pattern), which usually signals a trend reversal from bearish to bullish 📈
Price is reacting strongly from a key Demand Zone, where buyers have previously defended the level 💪
🔍 Market Analysis:
TAO is forming a clear double bottom near the 221 support area, indicating buyer strength
RSI is in oversold territory, which often leads to a technical bounce 🔄
Upcoming TAO Halving (Dec 2025) will reduce token supply by 50%, creating a strong long-term bullish narrative 🚀
⚠️ Risk Management:
TAO is volatile, so follow stop loss strictly
This setup suits swing traders, while intraday traders should wait for confirmation above resistance
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