$TAO holding firm at a key level bears needed to break โ structure still favors upside ๐
$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? ๐
Click below to take the trade ๐

TAOUSDT
Perp
316.87
-0.64%