The WLD strategy shared last time has successfully reached its profit targets. As disagreement emerges ahead of a potential breakout, the market structure for $TAO is starting to signal a move. On the four-hour timeframe, the pullback has held above key support, while volume has contracted in an orderly way. Selling pressure is not as heavy as expected. This kind of consolidation often suggests a change in hands, rather than the end of the trend.
I’m watching how well buyers defend the pullback zone. As long as it holds, the structure remains bullish. A decisive break above the previous high, followed by a sustained hold, would set the stage for the next leg up. What’s missing now is confirmation, not direction.
🟢 Trade direction: Long
📍 Entry range: 284.0 – 278.0
🛑 Stop loss: 272.0
🎯 Take profit 1: 295.0
🎯 Take profit 2: 309.0
Take in the vastness of mountains and seas; observe the market’s finer details.
Trade alongside Uncle Xiong, and witness the gains and losses of the world.
#TAO
Tap below to trade 👇
I’m watching how well buyers defend the pullback zone. As long as it holds, the structure remains bullish. A decisive break above the previous high, followed by a sustained hold, would set the stage for the next leg up. What’s missing now is confirmation, not direction.
🟢 Trade direction: Long
📍 Entry range: 284.0 – 278.0
🛑 Stop loss: 272.0
🎯 Take profit 1: 295.0
🎯 Take profit 2: 309.0
Take in the vastness of mountains and seas; observe the market’s finer details.
Trade alongside Uncle Xiong, and witness the gains and losses of the world.
#TAO
Tap below to trade 👇