$TAO

/USDT Technical Analysis 🎯

🔍 Current Price: $509.7 (-0.72%)

The TAO/USDT pair has been showing support around $509.1, with recent resistance seen at the $555.9 level. Here’s a breakdown of potential targets as TAO’s movement builds momentum:

Target 1: $520.0

A near-term target, capturing a likely bounce from support levels. If buying pressure picks up, this could be reached quickly.

Target 2: $545.0

Mid-range resistance. Breaking this point could indicate increased bullish strength and a shift in momentum.

Target 3: $560.0

A stretch target in the current setup. If momentum remains strong, this level could act as a peak in the near term, especially with substantial volume backing the rise.

Keep an eye on volume and price action for confirmation as TAO approaches these key levels.