$TAO long bounce off local support, overhead still in the way.
Buyers held the local floor. That’s the long. The problem: volume is thin and the 1h MA99 is sitting overhead.
This can reject before it runs.
Entry: 233.59–234.76
TP1: 245.50
TP2: 254.6
Stop: 226.58
Treat it as a relief bounce, not a breakout.
Size to the stop.
Give $TAO a try here👇
Buyers held the local floor. That’s the long. The problem: volume is thin and the 1h MA99 is sitting overhead.
This can reject before it runs.
Entry: 233.59–234.76
TP1: 245.50
TP2: 254.6
Stop: 226.58
Treat it as a relief bounce, not a breakout.
Size to the stop.
Give $TAO a try here👇