TAO Looking to Break Resistance, Let's See How It Plays Out
As long as $TAO stays above 200.4, it looks like it's got some momentum behind it, and I'm feeling cautiously optimistic about a breakout above 229.30.
Close above SMA25 is a sign of strength
MA7 is above the current price, which is a bullish sign
However, volume is still relatively flat, which could be a concern
A daily close under 200.4 makes this trade idea less attractive, and I'd be looking to reassess the situation
Are you buying into this breakout attempt on $TAO?
#MarketAnalysis
As long as $TAO stays above 200.4, it looks like it's got some momentum behind it, and I'm feeling cautiously optimistic about a breakout above 229.30.
Close above SMA25 is a sign of strength
MA7 is above the current price, which is a bullish sign
However, volume is still relatively flat, which could be a concern
A daily close under 200.4 makes this trade idea less attractive, and I'd be looking to reassess the situation
Are you buying into this breakout attempt on $TAO?
#MarketAnalysis