$TAO continues to defend the key level that sellers previously needed to break, keeping the bullish setup in play.
$TAO – LONG:
Trade Plan:
Entry: 330.39 – 335.02
Stop Loss: 318.81
Take Profit:
• TP1: 346.60
• TP2: 351.23
• TP3: 360.50
Why this setup?
The 4H structure remains bullish, with price holding firmly within a well-defined range on the higher timeframe. The reaction from the 330–335 zone shows buyers are still active, preventing a breakdown and supporting continuation potential.
Momentum on the lower timeframe remains controlled rather than weak. The 15m RSI near 39 suggests there’s still room for upside without being overextended, allowing for further buildup. At the same time, volume is slightly above the hourly baseline, indicating that the current reaction is supported by real participation rather than a weak bounce.
TAO
311.1
+0.87%