đ $TAO Surges to $690.9: Bull Run or Pullback? đ
has skyrocketed by +13.62%, hitting $690.9, with a 24-hour high of $697.8 and low of $567.1. With strong volume and momentum, is catching attention as it approaches key resistance levels.
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Key Levels to Watch:
đ Resistance: $697.8 â Breaking above this could push toward $720 and beyond.
đ Support: $604.6 â Holding above this is crucial for sustained bullish momentum. A break below may lead to $567.
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Trade Strategy:
đĄ Long Entry: Above $700, targeting $720, $740, and $750.
â ď¸ Stop Loss: $675.
đĄ Short Entry: Below $605, targeting $580 and $560.
â ď¸ Stop Loss: $630.
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Market Sentiment:
With a 24-hour volume exceeding $219M, $TAO is showing robust demand. If bullish sentiment continues, a new ATH could be on the horizon. However, be prepared for potential corrections as the price tests critical levels.
đŹ Whatâs your strategy? Are you bullish or bearish on this move? Letâs discuss below!