$TAO #TAO 🚀
Direction: LONG
Entry zone: 233.33 to 234.27
Stop loss: 230.29
Target 1: 238.48
Target 2: 241.98
Bittensor is trading near 233.80 dollars, up 2.19 percent in 24 hours, inside a range of 224.96 to 239.64, and the recent closes show a push that held, 236.02, then 234.86, then 235.06, then 233.80. 📈 My reading is that TAO fits the AI sector strength in this bounce, because it rose with the wider market and stayed well above its 224.96 low instead of giving the move back. A long from the current zone, with a stop below 230.29, targets 238.48 first and then 241.98 if buyers push through the range high. A fall below 230.29 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Bittensor rise to 238.48 first, or fall below 230.29? 🤔
Follow for more trades.
#TAO #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 233.33 to 234.27
Stop loss: 230.29
Target 1: 238.48
Target 2: 241.98
Bittensor is trading near 233.80 dollars, up 2.19 percent in 24 hours, inside a range of 224.96 to 239.64, and the recent closes show a push that held, 236.02, then 234.86, then 235.06, then 233.80. 📈 My reading is that TAO fits the AI sector strength in this bounce, because it rose with the wider market and stayed well above its 224.96 low instead of giving the move back. A long from the current zone, with a stop below 230.29, targets 238.48 first and then 241.98 if buyers push through the range high. A fall below 230.29 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Bittensor rise to 238.48 first, or fall below 230.29? 🤔
Follow for more trades.
#TAO #Crypto #FuturesTrading #TradingSignals
