$TAO
TAOUSDT
Perp
314.01
-0.16%
๐ Trading Recommendation โ TAO/USDT ๐
๐ Trade Type
Sell (Correction after strong rise)
๐ Entry Area
370 โ 380
๐ฏ Targets
First Target: 350
Second Target: 330
Third Target: 310
โ Stop Loss
395
โโโโโโโโโโโโโโโโโโ
๐ Multi-Timeframe Analysis
๐ด Daily Frame
Strong upward trend (but in an overbought area)
๐ก 4-Hour Frame
Continued rise with resistance close at 374
๐ข Hourly Frame
Overbought (High RSI) + Slowdown in movement
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๐ฅ Trade Catalyst
Repeated rejection from the 374 area + clear overbought
โญ Trade Rating
8 / 10