๐ TAO/USDT Long Trade Setup ๐
๐ Entry Zone: 221.0 โ 225.0
๐ฏ Take Profit: 321.0
๐ป Stop Loss: 210.0
This setup is based on a Double Bottom (W pattern), which usually signals a trend reversal from bearish to bullish ๐
Price is reacting strongly from a key Demand Zone, where buyers have previously defended the level ๐ช
๐ 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 ๐
Upcoming TAO Halving (Dec 2025) will reduce token supply by 50%, creating a strong long-term bullish narrative ๐
โ ๏ธ Risk Management:
TAO is volatile, so follow stop loss strictly
This setup suits swing traders, while intraday traders should wait for confirmation above resistance
