Smart money is quietly bottom-fishing $TAO while the retail crowd is distracted by the recent dip. The 1-hour chart is screaming that the "sell-off" is exhausted and a massive mean-reversion pump is loading.
TAOUSDT
Perp
317.1
-0.87%
$TAO – LONG 🚀
🎯 Trade Plan:
Entry: $312.00 – $316.50
SL: $298.00
TP1: $332.00
TP2: $348.00
TP3: $360.00+
🔥 Why this setup?
Market Structure: Price just tapped a major demand zone at $309.45 and is starting to print higher lows on the 1H timeframe.
RSI / Momentum: RSI(6) is reset at 41.19, shifting from oversold to a neutral-bullish stance, indicating plenty of room for a vertical move.
Liquidity: A massive liquidity cluster sits just above the $332 SuperTrend resistance; breaking this level will trigger a heavy short-squeeze.
The Debate:
Is this the ultimate "generational bottom" for Bittensor, or are we just seeing a relief bounce before another leg down? 🧐
Watching this closely 👇
#TAO #bittensor #cryptosignals
ONTUSDT
Perp
0.0592
-3.42%