🚨$TAO /USDT Analysis:🚨
📊$TAO /USDT is currently trading at $543.2, up 5.33% on the day. The 24-hour high is $565.8, and the 24-hour low is $491.7. The 24-hour volume is 183,090.89 TAO and 96.75M USDT.
💹The 5-minute chart shows a bullish trend, with the price currently consolidating above the $103.00 support level. The 1-hour chart shows a similar bullish trend, with the price currently consolidating above the $105.00 support level.
📊Based on the current chart patterns,📈 a long entry can be considered at $550.00 with a stop-loss 🛑at $530.00. 📉A short entry can be considered at $560.00 with a stop-loss 🛑at $570.00.
⚠️It is important to note that this is just an analysis based on the current chart patterns, and the market can be volatile. It is always recommended to do your own research before making any investment decisions.
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