/USDT Technical Analysis đŻ
Current Price: $622.6
24h Change: -3.34%
Key Levels to Watch:
1. Target 1: $658.9
This is a significant resistance level. If TAO breaks above, we could see bullish momentum building up as it heads for higher levels. Ideal for traders watching for a potential breakout.
2. Target 2: $682.2
A stronger resistance level. Hitting this target would indicate a solid uptrend, making it a notable area for profit-taking. Keep an eye on volume as we approach this range.
3. Target 3: $689.6
This is the highest target and a crucial psychological level for TAO. If reached, it would confirm sustained bullish strength. However, expect increased selling pressure here.
Technical Indicators:
MA (7): 6328, MA (25): 640.6, and MA (99): 587.9 show a mixed trend, with price levels dancing close to the 7-day moving average.
Volume & Depth: 24h Volume stands strong at 61.66M USDT, while top depth levels reveal robust buy/sell activity.
Stay alert for potential breakout signals, as market conditions may create opportunities around these targets!
