$TAO
/USDT Technical Analysis
Current Price: $444.9 (+1.14%)
Trend: Slight upward momentum with a recent high of $458.2.
Support: $438.8 (24h Low) and $440.0 (Depth level).
Resistance: $450.0 - $460.0.
Volume: Moderate trading volume with $22.83M in USDT traded over the last 24 hours.
Trade Signals:
Buy Signal: Enter near $440.0 - $444.0 if price shows upward momentum with higher volume.
Sell Signal: Consider selling near $455.0 if price struggles to break through resistance.
Stop Loss: Place stop-loss below $438.8 to minimize risks if the price declines.
Targets 🎯:
1. Target 1: $450.0 - Resistance area.
2. Target 2: $455.0 - Potential breakout level.
3. Target 3: $460.0 - Near the 24h High.
Trade Momentum: Bullish in the short-term, but watch for a possible pullback if the resistance holds. Momentum remains positive as long as the price stays above $440.0.
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