I think $TAO
is quietly setting up for one of the cleaner moves of the coming week 🫡
The daily chart tells the story. $280 has been tested twice, and both times buyers stepped in aggressively. Instead of losing the level, TAO reclaimed $300 and continues to hold above it.
The weekly structure remains bullish, and with a fresh week starting Monday, I’m expecting volume to return and potentially push this range higher.
My trade plan:
LONG $TAO around the current market price
TP: $340
SL: $280
As long as $280 holds, I remain bullish. If momentum picks up after the weekly open, $340 is the next level I want to see.
TAOUS
is quietly setting up for one of the cleaner moves of the coming week 🫡
The daily chart tells the story. $280 has been tested twice, and both times buyers stepped in aggressively. Instead of losing the level, TAO reclaimed $300 and continues to hold above it.
The weekly structure remains bullish, and with a fresh week starting Monday, I’m expecting volume to return and potentially push this range higher.
My trade plan:
LONG $TAO around the current market price
TP: $340
SL: $280
As long as $280 holds, I remain bullish. If momentum picks up after the weekly open, $340 is the next level I want to see.
TAOUS
