/USDT Technical Analysis: Short-Term Targets đŻ
The market is showing promising signs with TAO currently priced at $599.4, witnessing a +7.75% surge over the last 24 hours. Hereâs a detailed analysis of potential upcoming targets:
đŻ Target 1: $609.9
This target aligns with the recent 24h high, indicating a significant resistance level. A breakthrough here could suggest a strong bullish trend.
đŻ Target 2: $625
A continuation beyond the 24h high might push the price towards the $625 level, driven by increased trading volume (107.36M USDT in the last 24h). Keep an eye on trading momentum at this stage.
đŻ Target 3: $650
A more optimistic scenario suggests a further climb to $650, provided that market sentiment remains strong. Watch out for key resistance levels and broader market conditions.
Technical Indicators:
SAR (0.02, 0.2) currently at $557.9, suggesting a support zone to consider.
Bearish signals should be noted if price drops below the $539.7 level.
Which target do you think TAO will hit next? Let us know your thoughts!
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