TAO is flirting with a higher low as the market shatters the previous swing, setting up a fresh bullish thrust. The breakout is backed by a surge in buying volume and a clean order block on the 1‑hour chart.
🟢 $TAO LONG 📈
Entry $224.5452-$224.9948 | SL $218.0269 (-3.0%) | TP1 $228.1415 (+1.5%) | TP2 $236.0085 (+5.0%) | R/R 1:1.7 | Conf 64%
A Change of Character on the 15‑minute timeframe broke the prior structure, while the CVD turned sharply positive, confirming demand. The fair value gap aligns perfectly with the order block, creating a POI confluence, and a liquidity sweep was gobbled up, sealing the entry. Confidence sits near 64% with a 1:1.7 risk‑reward profile.
A 3.0% stop is relatively tight for a swing trade, so a modest 5‑10x leverage keeps risk manageable.
Take half profit around the first resistance near 0.0750 as price tests the next supply zone.
Not financial advice — trade only what you can afford to lose 🙏
$TAO #TAOUSDT #THORChain #TradingSignals #Write2Earn
🟢 $TAO LONG 📈
Entry $224.5452-$224.9948 | SL $218.0269 (-3.0%) | TP1 $228.1415 (+1.5%) | TP2 $236.0085 (+5.0%) | R/R 1:1.7 | Conf 64%
A Change of Character on the 15‑minute timeframe broke the prior structure, while the CVD turned sharply positive, confirming demand. The fair value gap aligns perfectly with the order block, creating a POI confluence, and a liquidity sweep was gobbled up, sealing the entry. Confidence sits near 64% with a 1:1.7 risk‑reward profile.
A 3.0% stop is relatively tight for a swing trade, so a modest 5‑10x leverage keeps risk manageable.
Take half profit around the first resistance near 0.0750 as price tests the next supply zone.
Not financial advice — trade only what you can afford to lose 🙏
$TAO #TAOUSDT #THORChain #TradingSignals #Write2Earn