🦈 $TAO SWEEPS RANGE LIQUIDITY TO 220 BEFORE CRUCIAL 242 PIVOT RECLAIM ⚡
Entry: 242 ⚡
Target: 254 🚀
📌 The multi-day distribution between 245 and 260 resolved downward on the highest 4H volume in weeks, driving price into a steep liquidity sweep down to 220. While buyers absorbed the initial dump, price remains compressed between 230 and 237 beneath key EMAs.
💡 Structural reclaim of 242 would confirm this expansion as a textbook deviation, clearing the path toward 254. Conversely, losing 229 on a closing basis leaves the 220 liquidity wick vulnerable to a full retest. 🤔 Are you waiting for the 242 reclaim or positioning for a retest of 220?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #TAO #MarketStructure #CryptoAnalysis #TradingSetup
🎯 🦈
Entry: 242 ⚡
Target: 254 🚀
📌 The multi-day distribution between 245 and 260 resolved downward on the highest 4H volume in weeks, driving price into a steep liquidity sweep down to 220. While buyers absorbed the initial dump, price remains compressed between 230 and 237 beneath key EMAs.
💡 Structural reclaim of 242 would confirm this expansion as a textbook deviation, clearing the path toward 254. Conversely, losing 229 on a closing basis leaves the 220 liquidity wick vulnerable to a full retest. 🤔 Are you waiting for the 242 reclaim or positioning for a retest of 220?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #TAO #MarketStructure #CryptoAnalysis #TradingSetup
🎯 🦈
