🧵 $TAO /USDT - TECHNICAL THREAD 🧵
1/4 📊 CHART OVERVIEW
TAO is currently trading at $187.3. Down -1.63% in the last 24h, but the indicators are telling a different story! Let's dive in 👇
2/4 📈 KEY INDICATORS
🟢 BULLISH SIGNS:
➖ RSI(6): 63.5 (Momentum building up!)
➖ MACD: K (66.1) crossed above D (42.2) ✅
➖ J Line: 114.0 (Breaking out from oversold)
🔴 BEARISH SIGNS:
➖ Volume: 9,926 (Below MA, weak participation)
➖ Price: Still below key resistance levels
3/4 🎯 TRADE SETUP
🟢 LONG ENTRY ZONE
➖ Entry 1: $185.0 - $187.5 (Current zone)
➖ Entry 2: $180.0 - $182.0 (If pullback happens)
🛑 STOP LOSS
➖ SL: $175.0 (-6.4%)
🎯 TAKE PROFIT
➖ TP1: $195.0 (+4.1%)
➖ TP2: $210.0 (+12.1%)
➖ TP3: $225.0 (+20.1%)
📈 RISK REWARD
➖ RRR: 1 : 3.1
4/4 💡 WHY THIS TRADE?
✅ MACD just printed a bullish crossover!
✅ RSI showing early momentum shift
✅ J Line (Stochastics) in breakout mode
✅ Price sitting near strong support zone
⚠️ CONFIRMATION:
Wait for 4H candle close above $190 before entering!
💬 Your thoughts on TAO?
Bullish or bearish? Drop your comments below! 👇