$TAO $TAO

Tao/USD Technical Analysis: Key Levels and Strategy at $612.8

The Tao (TAO) price stands at a critical juncture, currently at $612.8. This level offers a pivotal support zone, making it a key area to watch for potential market movements. A strong hold above this level could spark bullish momentum, while a breakdown below might trigger a pullback toward $580.

Key Support: $600

Key Resistance: $625

For traders, a breakout above $625 could open the door to higher targets near $650. Alternatively, if TAO dips below $600, expect possible re-testing of lower support levels.

Entry Strategy:

Bullish Entry: Consider entering near $612.8 or on a breakout above $625, with the expectation of reaching $650.

Bearish Entry: If price fails to maintain $600, look for potential shorts toward $580 for a short-term correction.

Stay agile and watch for price action confirmation, as volatility remains high in this dynamic market.

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