Let’s take a look at $TAO ’s current market structure. On the daily timeframe, after repeatedly consolidating and building a base in a key area, the 30-minute chart shows a clear build-up of volume. This kind of “lower-volume base-building—then a higher-volume test” rhythm usually only appears when institutional funds start moving in.
The more times support in the lower area is tested, the lower the probability of a breakdown. Instead, the upside rebound’s momentum is strengthening. I’m inclined to set up multiple long positions in this zone, because the chart has already provided clear signals—not just a simple bounce, but structural absorption and continuation.
🟢 Trading Direction: Long
📍 Entry Range: 191.96 – 192.96
🛑 Stop Loss: 187.96
🎯 Take Profit 1: 197.96
#TAO
Click below to trade 👇
The more times support in the lower area is tested, the lower the probability of a breakdown. Instead, the upside rebound’s momentum is strengthening. I’m inclined to set up multiple long positions in this zone, because the chart has already provided clear signals—not just a simple bounce, but structural absorption and continuation.
🟢 Trading Direction: Long
📍 Entry Range: 191.96 – 192.96
🛑 Stop Loss: 187.96
🎯 Take Profit 1: 197.96
#TAO
Click below to trade 👇