$TAO
🟢 Entry: $249.0 – $250.3
🎯 TP1: $252.5
🎯 TP2: $255
🎯 TP3: $260
🛑 SL: $246.8
$TAO has been consistently forming higher lows and higher highs, but the price is currently near the short-term resistance at $250.5. Therefore, instead of taking a blind long based only on the current candle, waiting for confirmation is better.
“Don’t take a Long right now; first see whether TAO actually breaks the $250.5 resistance or not, then consider taking an entry.”
🟢 Entry: $249.0 – $250.3
🎯 TP1: $252.5
🎯 TP2: $255
🎯 TP3: $260
🛑 SL: $246.8
$TAO has been consistently forming higher lows and higher highs, but the price is currently near the short-term resistance at $250.5. Therefore, instead of taking a blind long based only on the current candle, waiting for confirmation is better.
“Don’t take a Long right now; first see whether TAO actually breaks the $250.5 resistance or not, then consider taking an entry.”
