$TAO long watch: price sits at support around 304 on the 4H.
Hold 304 → 308, then 310.
Lose 301 → the idea is off the table.
I'm waiting for buyers to defend this level to signal strength.
Why this level:
- 4H price at 304 is above EMA50 at 301, trend structure favors buyers.
- Daily trend is up, with price above EMA200 at 239, showing strength.
- Risk 1.0% to SL vs 2.1% to TP3, offering about 2.0R if target is hit.
🟢 LONG · Entry 303.8–304.5 · TP 306.5 / 308.1 / 310.5 · SL 301.0
NFA · DYOR
Hold 304 → 308, then 310.
Lose 301 → the idea is off the table.
I'm waiting for buyers to defend this level to signal strength.
Why this level:
- 4H price at 304 is above EMA50 at 301, trend structure favors buyers.
- Daily trend is up, with price above EMA200 at 239, showing strength.
- Risk 1.0% to SL vs 2.1% to TP3, offering about 2.0R if target is hit.
🟢 LONG · Entry 303.8–304.5 · TP 306.5 / 308.1 / 310.5 · SL 301.0
NFA · DYOR
