🔥 $TAO Momentum Building | Long & Short Setup 🔥
Current Price: 282.7 (+2.76%)
24h High: 285.0 | 24h Low: 270.5

Chart Overview:
Sharp drop earlier to 254.5, now recovering nicely 📈

Price is above EMA(7) and testing EMA(25)
Still below EMA(99) → Needs to clear resistance for stronger upside

RSI(6) at 61.9 → Bullish momentum
Stochastic is overbought (J at 101)

📈 LONG Setup:
Entry Zone: 278.0 – 281.0
Stop Loss: 273.0
Targets:
🎯 TP1: 288.0
🎯 TP2: 295.0
🎯 TP3: 305.0 – 310.0

📉 SHORT Setup:
Entry Zone: 288.0 – 292.0 (on rejection)
Stop Loss: 297.0
Targets:
🎯 TP1: 282.0
🎯 TP2: 276.0
🎯 TP3: 270.0

Bias: Short-term bullish recovery. Prefer longs on dips as long as it holds above 275.
⚠️ Always use proper risk management.
NFA – DYOR
#TAO #Bittensor #Crypto #Binance