💥⚜️$TAO (Perp) on 30m timeframe:
🔍 Current Situation
Price: 305.77
RSI: 86+ (Overbought ⚠️)
Strong uptrend but near resistance (309–311 zone)
EMAs bullish (7 > 25 > 99)
Trade Setup Options
✅💥 Option 1: Pullback Long (Safer)
Entry: 295 – 300
Stop Loss: 285
Take Profit:
TP1: 310
TP2: 320
TP3: 335
👉💥 Reason: Wait for cooldown, current price is overextended.
⚡🧧 Option 2: Breakout Long (Aggressive)
Entry: Above 310 (confirmed breakout + candle close)
Stop Loss: 298
Take Profit:
TP1: 325
TP2: 340
👉💥 Only enter if strong volume breakout happens.
❌⚜️ Risky Short (Counter-trend)
Entry: 308 – 312 rejection
Stop Loss: 320
Take Profit:
TP1: 295
TP2: 285
👉💥 High risk because trend is bullish.
Important Notes
RSI is very high → possible pullback anytime
Don’t FOMO at current price
Wait for either:
Pullback OR
Strong breakout
