đŸ’„ $TAO /USDT ON THE EDGE OF A MAJOR MOVE! WHAT’S NEXT? đŸ’„

The TAO/USDT chart is flashing critical signals on the 15-minute time frame, indicating a potential sharp drop in price! After facing strong resistance around 575 USDT and struggling at 565 USDT, the current level of 559.5 USDT is hanging by a thread. With buyers losing momentum, the support level at 548 USDT is under threat, and a breakdown could send the price spiraling toward the 540 USDT mark or lower.

📊 Key Levels to Watch:

🚧 Resistance: 565 USDT – This is the barrier to break for any bullish continuation. If buyers reclaim this zone, expect a surge toward 575 USDT.

📉 Support: 548 USDT – A fall below this support could trigger a sharp selloff toward 540 USDT.

🔑 Entry Strategies:

📉 Short-term: Enter short if TAO breaks below 548 USDT, targeting 540 USDT with a stop loss at 555 USDT.

🚀 Long-term: Wait for a confirmed breakout above 565 USDT for a long position targeting 575 USDT, with a tight stop loss at 560 USDT.

⚠ Warning: The trend is bearish for now, and a break of support could lead to further downside! Stay vigilant and trade with caution!

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