⚡Current Price: $654.8 (+6.47%)TAO/USDT is showing strong bullish momentum. The price is holding near $656.6, and a breakout above $681.0 could signal further gains. If the price pulls back, support levels at $610.0 and $607.2 provide good entry points. A strong bullish trend is in place, with a possible target of $700+ if momentum continues.
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Trade Setup:
Entry Points:
Aggressive Entry: $654.8, $681.
Conservative Entry: $610.0
1. Short-Term Target1️⃣$684.0
2. Medium-Term Target2️⃣ $685.0 (next resistance)
3. Extended Target3️⃣$700+ (psychological level if momentum continues)
Stop-Loss Levels🚨
Aggressive Stop-Loss: $610.0
Conservative Stop-Loss: $607.2
Trading Strategy⚠️⚠️⚠️
1. Momentum Traders: Enter at $654.8 with a target of $681.0, considering a breakout above $685.0 for further upside.
2. Swing Traders: Wait for a pullback to $610.0-$607.2 for better risk-to-reward, targeting $681.0 and $685.0.
3. Risk Management: Place stop-losses at $610.0 or $607.2 for optimal protection against downside.
