$TAO holding firm at a key level bears needed to break โ€” structure still favors upside ๐Ÿ“ˆ

$TAO โ€“ LONG Setup

Entry: 319.37 โ€“ 322.20

SL: 312.29

TP1: 329.28

TP2: 332.11

TP3: 337.77

Why this setup?

The 4H structure continues to support a long bias, while the 1D remains range-bound. Price is holding a crucial demand zone around 320.79, showing signs of stability rather than breakdown.

Momentum is neutral but constructive, with the 15M RSI sitting around 52 โ€” leaving room for expansion. On top of that, volume is stepping in aggressively, with 15M volume at 4.27K versus a 1H baseline of 1.07K (4x spike), signaling a strong reclaim and buyer interest.

The question:

Does this level act as a launchpad for the next move up, or turn into the point of failure? ๐Ÿ‘€

Click below to take the trade ๐Ÿ‘‡

TAO
TAOUSDT
316.87
-0.64%