$TAO Chops at the Midline Range Still Intact After the Pullback
Pair: $TAO /USDT
Direction: LONG
Leverage: 5x
Entry Zone: 302.00 – 303.50
Take Profit:
- TP1: 308.4 +9%
- TP2: 312.3 +17%
- TP3: 318.1 +26%
Stop Loss: 294.9
Chart Structure:
- TAO has been consolidating in a tight range between roughly 296–310 over the past two days, with repeated tests of both the upper and lower boundaries
- Price is holding right at the MA7/MA25 confluence (~302.6), with the rising MA99 (purple) sitting just below as additional support
- RSI 14 has oscillated between 40–60 throughout, showing indecision rather than a clear directional bias consistent with the range-bound structure
- MACD is hovering near zero with small histogram bars on either side, reflecting the chop rather than a confirmed trend in either direction
- This is a range-trade long: buying support within the established range, not a breakout play treat it as tactical
- Stop is placed below the recent swing low and the Bollinger Band lower boundary, giving room for normal range noise
$TAO
Pair: $TAO /USDT
Direction: LONG
Leverage: 5x
Entry Zone: 302.00 – 303.50
Take Profit:
- TP1: 308.4 +9%
- TP2: 312.3 +17%
- TP3: 318.1 +26%
Stop Loss: 294.9
Chart Structure:
- TAO has been consolidating in a tight range between roughly 296–310 over the past two days, with repeated tests of both the upper and lower boundaries
- Price is holding right at the MA7/MA25 confluence (~302.6), with the rising MA99 (purple) sitting just below as additional support
- RSI 14 has oscillated between 40–60 throughout, showing indecision rather than a clear directional bias consistent with the range-bound structure
- MACD is hovering near zero with small histogram bars on either side, reflecting the chop rather than a confirmed trend in either direction
- This is a range-trade long: buying support within the established range, not a breakout play treat it as tactical
- Stop is placed below the recent swing low and the Bollinger Band lower boundary, giving room for normal range noise
$TAO
