#tao

In-depth analysis of TAO trading strategy

I. Market trend overview

Today, the TAO market trend is clear, and both the 1-hour chart and the 4-hour chart show that the bull market is dominant. This shows that the buyer's power is strong in the short and medium term, and it is expected to push prices further up.

II. 2-hour chart trading details

On the 2-hour chart, although the overall trend is still bullish, we recommend that investors pay attention to short buying points to optimize trading strategies. This does not mean a complete reversal of the bullish thinking, but rather a more refined operation using short-term market fluctuations.

At the same time, special attention should be paid to the support level below, which is located in the range of 367.27 to 355.34. If the price is effectively supported in this range, it indicates that the market buyer's power is still strong and the market is expected to continue to rise in the future.

III. Analysis of long and short price breakthroughs and pressure levels

If the support level is stable and the price can successfully break through the long and short price of 383.63 on the 2-hour chart, this will be a strong buy signal, indicating that the bulls have a clear advantage. In this case, investors can actively look for buying opportunities in order to gain more benefits.

When the price enters a bull market, we need to pay attention to the upper pressure level. In particular, the pressure level in the range of 391.10 to 403.30. If the price can successfully break through these pressure levels, the bull market is expected to continue further and may create new highs.

#TAO：

A whale withdrew 2.85 million ARB from Binance 12 hours ago, holding a total of 5.98 million ARB

Odaily Planet Daily News According to The Data Nerd, 12 hours ago, whale 0x695 withdrew 2.85 million ARB (about 2.94 million US dollars) from Binance. In addition, it also pledged 3.13 million ARB (about 3.22 million US dollars) in Aave and Compound, holding a total of 5.98 million ARB (about 6.16 million US dollars).

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