$TAO – Buying as price breaks compression and holds structure
Set up long $TAO
Entry: 318 – 320
TP1: 325
TP2: 330
TP3: 336
SL: 312
After the previous decline, price spent some time consolidating around the 315–318 zone and recently made a small push breaking out of that short-term compression. What stands out is that after the push, price didn’t get rejected hard and managed to hold around the entry area.
The current candles suggest buyers are slowly regaining control. It’s not an aggressive move yet, but enough to maintain a short-term higher low structure. This kind of setup often appears when the market transitions from consolidation into a mild recovery. If the 318–320 zone holds, price can move toward 325 first, then potentially extend to 330–336.
I prefer the long here because price is starting to move away from the weak sideways structure. If price breaks below 312, the structure fails and the setup is invalid.
Trade $TAO here 👇
