$TAO is starting to look better after reclaiming MA7 around 197.1 and MA25 around 194.9. Current price is near 205.4, up about 4.48%, but it is still below the bigger MA99 resistance at 231.6, so I would treat this as a recovery long, not a full trend reversal yet.
Bias: Long on pullback
Entry zone: 201 to 205
Stop: below 195
TP1: 210 to 212
TP2: 220 to 225
TP3: 231 to 235 if momentum expands and TAO starts reclaiming the MA99 zone
The key support area for me is 195 to 200. If TAO pulls back and holds above that zone, buyers still look active and the long setup stays valid. A clean break above 210 would make the move stronger. If it loses 195, I’d cancel the long idea because that would put price back under the short-term moving averages and weaken the recovery.
Bias: Long on pullback
Entry zone: 201 to 205
Stop: below 195
TP1: 210 to 212
TP2: 220 to 225
TP3: 231 to 235 if momentum expands and TAO starts reclaiming the MA99 zone
The key support area for me is 195 to 200. If TAO pulls back and holds above that zone, buyers still look active and the long setup stays valid. A clean break above 210 would make the move stronger. If it loses 195, I’d cancel the long idea because that would put price back under the short-term moving averages and weaken the recovery.