$TAO Long 75x | Experienced demand test in progress, the route has been laid.
Trading plan:
- Entry: 226.23000 – 227.01000
- TP1: 229.46000 (R:R 1:0.7)
- TP2: 231.36000 (R:R 1:1.3)
- TP3: 234.20000 (R:R 1:2.0)
- SL: 222.83000
Why this specific setup?
- The long structure is preserved on 4h: price is held within 226.23000–227.01000, while the daily trend remains within the same range.
- RSI on 15m at 56 indicates potential for buyers to push the price higher, provided they defend this level.
- Volume is 1.52x: 4.71K vs expected 3.09K, showing strong participation behind the move.
Trading plan:
- Entry: 226.23000 – 227.01000
- TP1: 229.46000 (R:R 1:0.7)
- TP2: 231.36000 (R:R 1:1.3)
- TP3: 234.20000 (R:R 1:2.0)
- SL: 222.83000
Why this specific setup?
- The long structure is preserved on 4h: price is held within 226.23000–227.01000, while the daily trend remains within the same range.
- RSI on 15m at 56 indicates potential for buyers to push the price higher, provided they defend this level.
- Volume is 1.52x: 4.71K vs expected 3.09K, showing strong participation behind the move.