🔥 SWING DEMAND TEST & BULLISH CONTINUATION! | TAO/USDT
$TAO (Bittensor) is holding steady around the $272.2 region after a retracement into HTF demand! On the 1H/4H charts, price action is consolidating near a major bullish Order Block (OB) with a prominent Fair Value Gap (FVG) below, offering a high-R:R swing long entry as decentralized AI narrative volume builds up! 🚀
🔹 Trade Type: HTF Swing / Order Block Retest
🔹 Direction: Long (Buy)
🔹 Entry Zone: $262.0 - $275.0
🔹 Stop Loss (SL): $246.0 (Strict HTF SL required)
🔹 Take Profit (TP):
• TP1: $298.0 (Local High Sweep)
• TP2: $335.0 (Key Structural Supply)
• TP3: $385.0 (HTF Liquidity Pool)
📌 Trade Logic: $TAO swept sell-side liquidity below the $265 consolidation low and printed a clean 4H Market Structure Shift (MSS). We are looking for a retest of the $265 - $272 demand zone to position for an expansion leg toward $330+ overhead supply.
⚠️ Risk Management: High-value asset with wide swings! Manage leverage carefully and do not risk more than 1-2% of your capital.
Are you buying $TAO
on this demand retest or waiting for a breakout above $300? Share your thoughts below! 👇
#TAO #CryptoTrading #BinanceSquare #Foreheadburns #TradingSetup
💡 Suggestion: Consider splitting your limit orders between $262 and $272 to average into the entry zone safely.
$TAO (Bittensor) is holding steady around the $272.2 region after a retracement into HTF demand! On the 1H/4H charts, price action is consolidating near a major bullish Order Block (OB) with a prominent Fair Value Gap (FVG) below, offering a high-R:R swing long entry as decentralized AI narrative volume builds up! 🚀
🔹 Trade Type: HTF Swing / Order Block Retest
🔹 Direction: Long (Buy)
🔹 Entry Zone: $262.0 - $275.0
🔹 Stop Loss (SL): $246.0 (Strict HTF SL required)
🔹 Take Profit (TP):
• TP1: $298.0 (Local High Sweep)
• TP2: $335.0 (Key Structural Supply)
• TP3: $385.0 (HTF Liquidity Pool)
📌 Trade Logic: $TAO swept sell-side liquidity below the $265 consolidation low and printed a clean 4H Market Structure Shift (MSS). We are looking for a retest of the $265 - $272 demand zone to position for an expansion leg toward $330+ overhead supply.
⚠️ Risk Management: High-value asset with wide swings! Manage leverage carefully and do not risk more than 1-2% of your capital.
Are you buying $TAO
on this demand retest or waiting for a breakout above $300? Share your thoughts below! 👇
#TAO #CryptoTrading #BinanceSquare #Foreheadburns #TradingSetup
💡 Suggestion: Consider splitting your limit orders between $262 and $272 to average into the entry zone safely.
