$TAO
/USDT: Bearish Decline, Testing Support at $477.8 with Potential Reversal๐ฅ๐ฏ๐
Current Trading Data
Price: $481.3 (down 4.28%)
24h High: $521.7
24h Low: $477.8
24h Volume (TAO): 105,681.52
24h Volume (USDT): 52.95M
Key Levels
Support: $477.8 (24h Low)
Resistance: $521.7 (24h High)
Bullish Strategy (Long)
๐ Entry: Buy if price rebounds from $477.8 or breaks above $485.0.
๐ฏ Target 1: $495.0
๐ฏ Target 2: $510.0
๐ฏ Target 3: $520.0
Stop: Below $475.0
Bearish Strategy (Short)
๐ Entry: Sell if price drops below $475.0.
๐ฏ Target 1: $465.0
๐ฏ Target 2: $455.0
๐ฏ Target 3: $440.0
Stop: Above $485.0
Momentum
Bullish: If price breaks $485.0 with MACD bullish and RSI > 50.
Bearish: If price breaks below $477.8 with MACD bearish and RSI < 30.
Monitor for price movement at key levels for breakout or breakdown opportunities!
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