Everyone's glued to $BTC rally, but $TAO just busted the $0.0425 ceiling on the 4H and is coiled for a fresh squeeze. I was flat on this one last week and got squeezed, so I'm arming the long this evening.
$TAO - LONG
Entry: 0.0430 – 0.0438
SL: 0.0410
TP1: 0.0465
TP2: 0.0485
TP3: 0.0500
Why this setup?
- 4H RSI climbed from 38 to 55 in the last 3 candles, breaking bearish divergence.
- ATR (4H) at 0.0032 gives a tight risk window; volatility is spiking with volume +210% vs avg.
- 1D chart shows a bullish engulfing at 0.0425, confirming the breakout bias.
- Magnet effect on the 0.0450‑0.0460 zone; price has been flushing lower lows since the dip to $0.258.
Debate: Are you fading the $TAO breakout or riding it to $0.0500?
$TAO
$TAO - LONG
Entry: 0.0430 – 0.0438
SL: 0.0410
TP1: 0.0465
TP2: 0.0485
TP3: 0.0500
Why this setup?
- 4H RSI climbed from 38 to 55 in the last 3 candles, breaking bearish divergence.
- ATR (4H) at 0.0032 gives a tight risk window; volatility is spiking with volume +210% vs avg.
- 1D chart shows a bullish engulfing at 0.0425, confirming the breakout bias.
- Magnet effect on the 0.0450‑0.0460 zone; price has been flushing lower lows since the dip to $0.258.
Debate: Are you fading the $TAO breakout or riding it to $0.0500?
$TAO
