🚀 The currency $TAO is testing key support levels while struggling against short-term resistance! 📈

TAOUSDT

Perp

323.17

+1.27%

🔹 Entry price: 316.0 - 318.8 🎯

🔹 First target: 327.0 💰

🔹 Second target: 335.0 🔥

🔹 Third target: 348.0 🚀

🔹 Stop loss: 309.0 🛑

📝 Reason: $TAO is currently trading in a tight consolidation range between 312 and 327. Although the price is below the MA(99) average, it is maintaining the last bottom of 312.1 well. Any positive crossover between MA(7) and MA(25) will give a rebound signal towards the resistance area of 330. Trading volume has started to stabilize, indicating a decrease in selling pressure near this support. 📊✨