$TAO TAO/USDT – Bullish Recovery Setup
Timeframe: 15 Minutes ⏱️
Market Overview:
TAO/USDT has experienced a sharp pullback and is now stabilizing near a key demand/support zone. Price action shows signs of buyer absorption, indicating a potential short-term bullish recovery.
Technical Analysis
Price is holding above a strong intraday support
Formation of small-bodied candles after a sell-off suggests selling pressure is weakening
Risk-to-reward setup favors bullish continuation if support holds
📈 Trade Levels
Entry Zone: 226.5 – 227.0
Support: 225.5
Targets:
🎯 TP1: 230.0
🎯 TP2: 234.0
Stop Loss
SL: Below 225.0
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TAO
229.5
-0.77%