$TAO /USDT Momentum Is Back ๐
$TAO is showing strong momentum on the 15M chart, currently trading around $319.7, up nearly 19% on the day.
After breaking higher from the $300โ$310 area, TAO pushed all the way to $325.5 before a small pullback.
Key levels Iโm watching ๐
๐น Resistance: $325.5 โ $326.7
๐น Near Support: $316โ$317
๐น Stronger Support: $306โ$310
๐น Major Trend Support: around $295
The moving averages are also supporting the short-term structure, with MA(7) at $317.3 and MA(25) at $315.6, while price remains well above the MA(99) near $295.3.
If buyers can reclaim and hold above $325.5, another leg higher could become interesting. But after such a strong move, a healthy retest of support is also possible.
For now, the key is simple: watch the breakout, volume, and how price reacts around $316โ$325. ๐
$TAO is showing strong momentum on the 15M chart, currently trading around $319.7, up nearly 19% on the day.
After breaking higher from the $300โ$310 area, TAO pushed all the way to $325.5 before a small pullback.
Key levels Iโm watching ๐
๐น Resistance: $325.5 โ $326.7
๐น Near Support: $316โ$317
๐น Stronger Support: $306โ$310
๐น Major Trend Support: around $295
The moving averages are also supporting the short-term structure, with MA(7) at $317.3 and MA(25) at $315.6, while price remains well above the MA(99) near $295.3.
If buyers can reclaim and hold above $325.5, another leg higher could become interesting. But after such a strong move, a healthy retest of support is also possible.
For now, the key is simple: watch the breakout, volume, and how price reacts around $316โ$325. ๐
