$TAO 🤑🤑🤑🤑💰💰💰
You’re looking at TAO/USDT on the daily timeframe. Current price around $189.8 after a strong bounce from the $142.8 low.
Here’s a clean trade setup based on the chart structure:
📊 Market Structure
Strong downtrend from ~$302 to $142
Sharp recovery with bullish momentum
Now approaching short-term resistance near $200–205
Stochastic showing strong momentum but slightly overextended
🔵 Long Setup (Breakout Trade)
Entry: Above $205 (daily close confirmation)
Targets:
TP1: $230
TP2: $245
TP3: $270
Stop Loss: $178
$TAO 👇👇
TAO
183
-5.18%