Watching $TAO for a potential breakout
As long as $TAO stays above 183.50, it looks primed for a leg up towards the resistance level of 216.20, with the current momentum and chart structure favoring the bulls.
- Trading above SMA7 and SMA25, - Bullish 10-bar trend, - Series of higher highs and higher lows
A daily close under 183.50 breaks this setup and shifts the bias to the short side
Are you buying this dip on $TAO or waiting for a clearer breakout?
As long as $TAO stays above 183.50, it looks primed for a leg up towards the resistance level of 216.20, with the current momentum and chart structure favoring the bulls.
- Trading above SMA7 and SMA25, - Bullish 10-bar trend, - Series of higher highs and higher lows
A daily close under 183.50 breaks this setup and shifts the bias to the short side
Are you buying this dip on $TAO or waiting for a clearer breakout?