$TAO Liquidation Alert: Shorts Crushed at $574.21—Big Move Brewing! ⚡

A huge $9.9671K short liquidation just hit at $574.21, shaking the market! This kind of event often signals strong bullish momentum as shorts are forced to exit their positions. $TAO is heating up—are you ready to plan your next move?

What’s Next for $TAO?

📉 Buy Zone:

Look to buy between $565 - $575, a potential support zone where bulls could step in for the next leg up.

🎯 Target Levels:

1. Short-Term: $590

2. Mid-Term: $610

3. Long-Term: $635

🛑 Stop-Loss:

Set your stop-loss at $550 to limit downside risk if the market takes a turn.

Key Market Insights:

1. Short Squeeze Momentum: This liquidation suggests heavy pressure on sellers. As they exit, the price could accelerate upward quickly.

2. Volume Confirmation: Watch for increasing buying volume above $580 to confirm bullish momentum.

3. Resistance Levels: If $TAO clears $590, it could trigger fresh buying interest, pushing toward the $600+ zone.

Trading Tips:

Be Disciplined: Stick to your buy zone and avoid chasing after price spikes.

Adjust Stops: Move your stop-loss higher as the price rises to lock in profits.

Scale Out Gains: Take partial profits at each target to maximize returns while managing risk.

TAO is gearing up for a potential breakout—will you catch the wave or miss the action? Keep your plan sharp, and get ready for volatility!

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