๐ $TAO (Token) ๐
๐น Current Price: $500.4
๐น Entry Point: $490
๐น Target Levels: $550, $600
๐น Support Level: $389
๐น Bullish Breakout Price: $520
๐น Stop-Loss: $470
๐น 24-Hour Prediction: With robust market confidence and strong volumes, $TAO could aim for $550, provided Bitcoin's dominance and broader trends remain favorable.
1๏ธโฃ Technical Chart Analysis
Trend: The chart indicates a strong upward trajectory with higher highs and higher lows, signifying bullish momentum.
Moving Averages (MA): The price is above key moving averages (like the 20-day and 50-day MAs), which confirms the ongoing bullish trend.
Relative Strength Index (RSI): If RSI is above 70, it may suggest overbought conditions, but a range around 60-70 is healthy for further upward movement.
Volume: Growing volume reflects sustained buying interest, a positive signal for continuations.