$TAO /USDT ON THE MOVE: Targeting $570 Next ... A big profitable entries .. Congratulations to All who's taken profit on my previous call over #TAO ... Surely will hit $600 soon..
$TAO is trading at $557.3, up by 7.05%, showing strong bullish momentum. The token has surged from its 24-hour low of $507.3 to a high of $558.6, with buyers dominating the market.
Key Levels to Watch:
Resistance: $560.0 – A breakout above this level could push $TAO toward $570 and beyond.
Support: $540.0 – Holding above this level is critical to sustain the upward trend.
Trade Setup:
Entry Point: $557.0
Targets:
1. $565.0
2. $570.0
3. $580.0
Stop-loss: $535.0
Market Insight:
TAO is gaining significant traction with increasing volume, indicating strong interest from buyers. If the price successfully breaks $560.0, it could rally toward the next target at $570. However, a dip below $540.0 might indicate a short-term pullback.
Monitor these levels closely and manage your trades wisely!