$TAO #TAO ๐
Direction: LONG
Entry zone: 230.38 to 231.30
Stop loss: 227.38
Target 1: 235.46
Target 2: 238.92
Bittensor is trading near 230.84 dollars, up 4.36 percent in 24 hours, inside a range of 218.14 to 231.06 dollars, and the recent closes are rising, 228.49, then 229.29, then 228.64, then 230.84. ๐ My reading is that TAO is grinding toward its high on steady closes, and a grind into a high is easier to trade than a sudden spike, because each higher close gives buyers a fresh floor to defend. A long from the current zone, with a stop below 227.38, targets 235.46 first and then 238.92 if the high breaks. A fall below 227.38 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does TAO rise to 235.46 first, or fall below 227.38? ๐ค
Follow for more trades.
#TAO #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 230.38 to 231.30
Stop loss: 227.38
Target 1: 235.46
Target 2: 238.92
Bittensor is trading near 230.84 dollars, up 4.36 percent in 24 hours, inside a range of 218.14 to 231.06 dollars, and the recent closes are rising, 228.49, then 229.29, then 228.64, then 230.84. ๐ My reading is that TAO is grinding toward its high on steady closes, and a grind into a high is easier to trade than a sudden spike, because each higher close gives buyers a fresh floor to defend. A long from the current zone, with a stop below 227.38, targets 235.46 first and then 238.92 if the high breaks. A fall below 227.38 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does TAO rise to 235.46 first, or fall below 227.38? ๐ค
Follow for more trades.
#TAO #Crypto #FuturesTrading #TradingSignals
