đš $TAO /TRY â Gearing Up for a Rally or Fading Momentum? đ„
$TAO is holding steady near 17,137 TRY, showing resilience after a recent dip. With bullish signals flashing, is a breakout comingâor will bears take over? Letâs break it down đ
đ Market Overview
đ Current Price: 17,137 TRY (â $439.63, ⌠-0.23%)
đ 24h High: 17,787 TRY
âïž 24h Low: 16,297 TRY
đ 24h Volume: 11.28M TRY (651 TAO)
đ RSI(6): 62 (Bullish momentum building!)
đ Moving Averages:
âą MA(7): 16,943
âą MA(25): 17,002
âą MA(99): 17,163
đ MACD: [Exact values not shown, but RSI and price structure suggest bullish crossover likely]
đ TAO Trade Setup â Key Levels to Watch
đč Bullish Scenario (If TAO Holds Above 17,000 TRY):
âą Entry: Above 17,200 TRY
âą Targets: 17,800, 18,500, 19,200+
âą Stop-Loss: 16,300 TRY
đč Bearish Scenario (If TAO Falls Below 16,300 TRY):
âą Entry: Below 16,300 TRY
âą Targets: 15,700, 15,150, 14,800
âą Stop-Loss: 17,200 TRY
đ Should You Hold or Take Profits?
â RSI > 60 = Strong buyer interest
â Price above MA(7) and close to reclaiming MA(25)
â Resistance ahead at 17,787 â volume will decide the breakout!
đĄ Pro Tip:
đ Watch for price to flip 17,200 with strong volumeâthis could trigger a sharp move toward 18,500+
â ïž Low volume or rejection at 17,800 = potential for pullback to mid-16,000s
đą Your callâare you riding the breakout or waiting for a dip? Drop your thoughts below!
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