🚀 TAO/USDT Analysis: Potential Upside?
TAO is showing a strong short-term recovery, currently trading at $197.3 (+4.95%).
Key Observations:
Support: Holding steady above MA60 ($197.0).
Weekly Trend: Up +22.47%, showing a solid bounce from recent lows.
Resistance: Immediate target is the 24h high of $203.3.
Trading Setup:
✅ Buy Zone: $195 - $197
🎯 Target: $205 - $210
🛑 Stop Loss: $187
The volume is increasing, suggesting more buyers are stepping in. Watch for a breakout above $204 for a bigger move!