Trading Plan — Long $TAO
Entry: 255 – 261
SL: 247
TP1: 270
TP2: 285
TP3: 305
Analysis
TAO is in a clean uptrend with higher highs and higher lows. The current price is bouncing off a local peak at 266 → this looks like a continuation pullback rather than a reversal.
The price is still holding above EMA50 and EMA100 → trend structure remains intact. The rejection from the highs is happening with decreasing momentum, without aggressive selling → a typical cooling-off phase.
If 255 holds, it remains a bullish setup for continuation with targets above 266.
Losing this level → structure weakens, and the price is likely to revert to support at 247.
⸻
Disclaimer
This is a personal market view, not financial advice. Always manage your risks and position sizes properly.
Recovery A recovery of the zone 262 – 266 is needed to confirm continuation to TP levels.
Trade $TAO here 👇🏻
Entry: 255 – 261
SL: 247
TP1: 270
TP2: 285
TP3: 305
Analysis
TAO is in a clean uptrend with higher highs and higher lows. The current price is bouncing off a local peak at 266 → this looks like a continuation pullback rather than a reversal.
The price is still holding above EMA50 and EMA100 → trend structure remains intact. The rejection from the highs is happening with decreasing momentum, without aggressive selling → a typical cooling-off phase.
If 255 holds, it remains a bullish setup for continuation with targets above 266.
Losing this level → structure weakens, and the price is likely to revert to support at 247.
⸻
Disclaimer
This is a personal market view, not financial advice. Always manage your risks and position sizes properly.
Recovery A recovery of the zone 262 – 266 is needed to confirm continuation to TP levels.
Trade $TAO here 👇🏻
