🚨 $TAO /USDT – Major Volatility Ahead! Is a breakout on the horizon, or is a collapse waiting in the wings? 📉 Currently hovering at 562.8 USDT, the TAO/USDT chart reveals significant volatility. After a steep drop, it’s now consolidating above critical support, setting the stage for an exciting moment for both short-term and long-term traders!

💡 Critical Levels to Watch:

Support Zone: 556.5 USDT – A dip below this level could spark further sell-offs, potentially down to 550 USDT or lower.

Resistance Level: 570 USDT – A breakout here could send prices soaring toward 585 USDT and beyond!

⚖️ Trade Strategy:

Short-Term Entry: Consider going long if the price reclaims 565 USDT, with a stop loss at 560 USDT and a target of 575 USDT.

Short Entry: Look to enter short below 556 USDT, with a stop loss at 562 USDT, aiming for a ride down to 550 USDT.

Long-Term Entry: If the price holds above 570 USDT, this could be your chance to go long towards 590-600 USDT, setting a stop loss at 565 USDT.

This setup is perfect for active traders looking to capitalize on quick moves and ride the next big shift in $TAO/USDT! Stay sharp, and let’s navigate these waters together! 🌊

$TAO 561.7 -2.21%

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