🚨$TAO TAO/USDT Alert: Significant Momentum Building! 🚨
$TAO is showing strong movement, currently trading at 609.4, up by 6.09% in the last 24 hours. With a 24-hour high of 623.9 and a low of 551.0, the volatility is creating potential trading opportunities for savvy traders.
💡 Key Levels to Watch:
📈 Resistance:
623.9 – Breaking this level could lead to new highs and stronger bullish momentum.
📉 Support:
551.0 – Holding above this level is critical for maintaining the current bullish trend.
🔍 Next Steps:
Monitor for a potential breakout above 623.9, which could trigger further gains. Conversely, if price dips below 551.0, caution is advised as this may indicate a retracement.
⚠️ Strategy:
Long Entry: Above 623.9 targeting 640+.
Short Entry: Below 551.0 with a focus on quick exits to mitigate risk.
#TAO #CryptoTrading #Binance #EthereumAwakening? #Write2Earn!