$TAO Long 75x | Demand test in play, the path is set.
TAO is at a critical pullback point where execution is key. This position is active, and demand is the sole reason to maintain it.
Trade Plan:
- Entry: 226.23000 – 227.01000
- TP1: 229.46000 (R:R 1:0.7)
- TP2: 231.36000 (R:R 1:1.3)
- TP3: 234.20000 (R:R 1:2.0)
- SL: 222.83000
Why this setup?
- The long setup is intact on 4h, with price holding within 226.23000–227.01000 while the daily trend remains in a range.
- 15m RSI at 56 indicates potential for buyers to push higher, provided they defend this level.
- Volume is at 1.52x, with 4.71K traded against 3.09K anticipated, showing solid participation behind the move.
Trade here 👇 and what's your strategy here: take profits at TP1, or ride it out for TP2?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
TAO is at a critical pullback point where execution is key. This position is active, and demand is the sole reason to maintain it.
Trade Plan:
- Entry: 226.23000 – 227.01000
- TP1: 229.46000 (R:R 1:0.7)
- TP2: 231.36000 (R:R 1:1.3)
- TP3: 234.20000 (R:R 1:2.0)
- SL: 222.83000
Why this setup?
- The long setup is intact on 4h, with price holding within 226.23000–227.01000 while the daily trend remains in a range.
- 15m RSI at 56 indicates potential for buyers to push higher, provided they defend this level.
- Volume is at 1.52x, with 4.71K traded against 3.09K anticipated, showing solid participation behind the move.
Trade here 👇 and what's your strategy here: take profits at TP1, or ride it out for TP2?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
