$TAO ๐จ TRADE SIGNAL โ TAO/USDT ๐จ
Asset: Bittensor
Current Price: $190.4
Timeframe: 1D
Bias: Bullish Reversal Momentum โ
๐ Chart Overview
Strong previous downtrend from ~$302
Major bottom formed near $142.8
Strong bullish daily candles with high momentum
+24% daily move confirms aggressive buyer interest
Price is attempting a structural shift from downtrend to recovery phase.
๐ข Long Setup (Bullish Continuation)
Entry Zone: $180 โ $195
Stop Loss: $165
Targets:
๐ฏ TP1: $205
๐ฏ TP2: $240
๐ฏ TP3: $275
A daily close above $205 strengthens breakout continuation toward $240+.
โ ๏ธ Risk Scenario
If price falls below $165, momentum weakens and retest of $150โ$155 becomes possible.
๐ Summary
Holding above $170 = bullish structure intact
Break above $205 = expansion phase
Strong volume supports continuation