📉 TAO — PULLBACK & TESTING MOVING AVERAGE SUPPORT! 🔴
$TAO (Bittensor) is trading lower at 291.88 (-3.49%), correcting from its 24h high of 304.12 down to a 24h low of 278.01. Price action on this 4H chart is testing the immediate moving average cluster, hovering just above the fast MA(7) (288.39) and MA(25) (294.46), while remaining well-supported above the major structural MA(99) (253.93).
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 265.00–285.00 (on stabilization and defense near the MA99 and lower demand level)
🛑 STOP LOSS: 248.00
🎯 TP1: 320.00
🎯 TP2: 355.00
Are you buying this TAO dip around the moving average support zone, or waiting for a deeper retracement? Let's discuss below! 👇
👉 Trade: $TAO
#TAO #bittensor #cryptotrading #BinanceSquare #Correction
$TAO (Bittensor) is trading lower at 291.88 (-3.49%), correcting from its 24h high of 304.12 down to a 24h low of 278.01. Price action on this 4H chart is testing the immediate moving average cluster, hovering just above the fast MA(7) (288.39) and MA(25) (294.46), while remaining well-supported above the major structural MA(99) (253.93).
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 265.00–285.00 (on stabilization and defense near the MA99 and lower demand level)
🛑 STOP LOSS: 248.00
🎯 TP1: 320.00
🎯 TP2: 355.00
Are you buying this TAO dip around the moving average support zone, or waiting for a deeper retracement? Let's discuss below! 👇
👉 Trade: $TAO
#TAO #bittensor #cryptotrading #BinanceSquare #Correction
