Bittensor (TAOUSDT) 1-Day
After the impressive rally from our July entry at $280 to $680, TAO is shaping up for another opportunity for us to enter. With price reclaiming key resistance lines as support and seeking to establish a higher low, the setup signals potential for further upside.
Weโre watching for price acceptance above $450 and a reclaim of the daily 21 EMA to confirm continuation. A break above $600 could trigger price discovery once again.
Entry Zone: $450 to $490
Stop Loss: Daily close below $400
Take Profit Targets:
TP1: $590
TP2: $760
TP3: $960
