๐ฎ Forecast for $TAO (Bittensor): Preparing for an impulse on futures! ๐
The artificial intelligence sector (#AI) is back in action. The token $TAO is squeezed in an ascending triangle on the 4H timeframe. Expecting a strong breakout.
๐ฏ Trading plan :
Entry Zone: $294 โ $296 (current price or building position in parts)
Take Profit 1 (TP1): $305 (first local target, locking in 30-40% of the position)
Take Profit 2 (TP2): $315 (taking out main liquidity)
Take Profit 3 (TP3): $328 (maximum target within the impulse)
Stop-Loss: $284
โ ๏ธ Risk management: TAO volatility is extremely high. I recommend leverage no more than 3x-5x and mandatory Stop-Loss.
What are you entering? ๐ข Long or ๐ด Short? Drop your thoughts in the comments! ๐
#TAO #Bittensor #BinanceFutures #CryptoAnalysis #TechnicalAnalysis
The artificial intelligence sector (#AI) is back in action. The token $TAO is squeezed in an ascending triangle on the 4H timeframe. Expecting a strong breakout.
๐ฏ Trading plan :
Entry Zone: $294 โ $296 (current price or building position in parts)
Take Profit 1 (TP1): $305 (first local target, locking in 30-40% of the position)
Take Profit 2 (TP2): $315 (taking out main liquidity)
Take Profit 3 (TP3): $328 (maximum target within the impulse)
Stop-Loss: $284
โ ๏ธ Risk management: TAO volatility is extremely high. I recommend leverage no more than 3x-5x and mandatory Stop-Loss.
What are you entering? ๐ข Long or ๐ด Short? Drop your thoughts in the comments! ๐
#TAO #Bittensor #BinanceFutures #CryptoAnalysis #TechnicalAnalysis