$TAO /USDT Market Overview .. Exactly buy time for Tao ... Surely will hit back $500 and Then $600 .. Must Hold it tight ..
Current Price: $444.4
24-Hour High: $458.2
24-Hour Low: $438.7
Key Levels to Watch
Resistance:
First Level: $447.7 – A breakout above this could indicate a short-term bullish trend, with the next target near $458.2.
Second Level: $471.6 – A strong upward move could lead to testing this recent high.
Support:
First Level: $438.7 – Critical for maintaining current stability.
Second Level: $436.6 – A break below this level could signal further downside.
Trade Setup
1. Long Position:
Entry: Above $447.7
Targets: $458.2, $471.6
Stop Loss: Below $440.0
2. Short Position:
Entry: Below $438.7
Targets: $436.6, $430.0
Stop Loss: Above $445.0
Market Sentiment
TAO/USDT shows a slight upward trend with moderate volume. Bulls need to break $447.7 to regain control, while bears might dominate if $438.7 fails as support.
Stay cautious, as the market appears to be in consolidation, and significant movement will depend on volume confirmation.