#TAO🔥🔥🔥🔥
TAO Market Update: Key Levels & Conditional Scenarios
With TAO currently trading around 256, let's look at what's next based on price action:
The Bearish Bias: My primary expectation is for the price to drop down toward the 232 region.
The Alternative Condition: However, if price fails to break 254 with a strong momentum candle, we are likely to see a bounce instead.
Upside Targets: If that support holds and avoids a breakdown, expect a push higher to sweep liquidity and clear out the lower highs at 281, 291, and 302.
Keep a close eye on that 254 level—how the candle closes there will dictate the next major move! 📊
What are your targets for TAO right now? Let me know below! 👇
$TAO
#BinanceSquare #TAO #Bittensor #CryptoTrading #TechnicalAnalysis #PriceAction #CryptoSetup #TradingStrategy
TAO Market Update: Key Levels & Conditional Scenarios
With TAO currently trading around 256, let's look at what's next based on price action:
The Bearish Bias: My primary expectation is for the price to drop down toward the 232 region.
The Alternative Condition: However, if price fails to break 254 with a strong momentum candle, we are likely to see a bounce instead.
Upside Targets: If that support holds and avoids a breakdown, expect a push higher to sweep liquidity and clear out the lower highs at 281, 291, and 302.
Keep a close eye on that 254 level—how the candle closes there will dictate the next major move! 📊
What are your targets for TAO right now? Let me know below! 👇
$TAO
#BinanceSquare #TAO #Bittensor #CryptoTrading #TechnicalAnalysis #PriceAction #CryptoSetup #TradingStrategy