$TAO Waiting for Clean Sweep of Liquidity at Demand, Bullish Confirmation on the Horizon 🚀 🚀
$TAO is currently in a critical phase, with traders eagerly watching for a clean sweep of liquidity at the demand zone. This move is expected to trigger a strong bullish confirmation, potentially leading $TAO back toward the $575-$600 supply zone.
Key Levels to Watch:
Demand Zone: $TAO is poised to react strongly at its demand zone, which is a key area where buying pressure could shift the market dynamics. Watch for signs of a clean sweep of liquidity in this region, as it could set the stage for a price reversal.
Supply Zone: If the bullish momentum is confirmed, the next target for $TAO would be the $575-$600 supply zone, where price action has historically faced resistance. This level will be crucial for determining the strength of the ongoing trend.
Timing Entries:
Traders should be vigilant for strong reactions at the demand zone to time their entries effectively. A confirmed bounce or reversal from this level could provide a high-confidence signal for a move toward the supply zone. It's essential to wait for confirmation to avoid entering prematurely in uncertain market conditions.
In conclusion, $TAO is in a critical zone, and the coming price action around the demand area could provide the perfect opportunity for a move back toward the $575-$600 region. By waiting for a clean sweep of liquidity and bullish confirmation, traders can position themselves for potential gains in the upcoming price swing.