Bittensor ($TAO ) is showing renewed structural strength after successfully defending its key lower-support zone.
Price action indicates that buyers have stepped in to absorb recent sell pressure, allowing momentum to rebuild steadily off the macro low. This shift in market structure points toward a bullish continuation as buying volume gradually returns to support a move toward higher local liquidity pools.
Trade Execution Parameters
Entry Zone: 201.3 – 201.4
Leverage: 38x
Stop Loss: 191.0
Take-Profit Targets
TP1: 206.7
TP2: 212.7
TP3: 219.7
Risk Warning & Key Levels
🔴 Stop-Loss Invalidation
A breach and daily candle close below 191.0 invalidates the immediate bullish setup, signaling a breakdown of current support and higher downside risk.
🔴 High Leverage Risk
Executing this trade at 38x leverage carries extreme volatility risk; manage position sizing carefully to avoid liquidation.
🔴 Overhead Resistance
Expect initial selling pressure around the 206.7 level (TP1); taking partial profits early is recommended to de-risk the position.