$TAO USDT ALERT: Testing Support or Preparing for Reversal? š„šÆ
Current Price: 524.4 USDT
$TAO has shown a 0.27% increase in the last hour, trading at 524.4. Despite a 2.78% drop in the last 24 hours, the price is holding near key support levels, with the 24-hour high at 541.7 and the low at 507.9. The market has recently experienced a downturn, but there's potential for recovery if key levels hold.
š Key Trade Zones:
ā¢ Entry Long: Above 530.0 (Confirm Breakout)
ā¢ Entry Short: Near 520.0-524.0 (If Bearish Pressure Resumes)
šÆ Targets:
ā¢ Upside: 540.0-550.0
ā¢ Downside: 510.0-500.0
š Stop Loss:
ā¢ Long: 520.0 (Protect Profits)
ā¢ Short: 530.0 (Manage Risk)
ā ļø Wait for Confirmation! Watch for price action around the 520.0-530.0 level to decide the next move. A break above 530.0 could signal a bullish reversal.
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