馃殌馃敟 $TAO /USDT EXPERIENCES SLIGHT DECREASE - CAUTIOUS BEARISH MOMENTUM! 馃敟馃殌
The $TAO /USDT pair on Binance is currently trading at $432.5, reflecting a decrease of 1.97%. The 24-hour high is $468.4, and the 24-hour low is $418.0. The 24-hour trading volume for TAO is 206,188.76, and for USDT, it is 90.51 million. The chart displayed is a 1-hour candlestick chart, showing recent price movements with green and red candlesticks indicating price increases and decreases, respectively. The current candlestick shows a slight increase of 0.44% (+1.9 units) from the previous close.
Trade scenarios:
- Bullish scenario: If the price breaks above the recent high of $468.4, it could target the next resistance level at $475.0.
- Take profit (TP): $475.0
- Stop loss (SL): $425.0
- Bearish scenario: If the price fails to sustain above $430.0 and drops below this level, it could test the support level at $420.0.
- Take profit (TP): $420.0
- Stop loss (SL): $435.0
Market outlook:
The current market sentiment for TAO/USDT remains cautiously bearish, with potential for further declines if the downward momentum continues. Traders should monitor key support and resistance levels to make informed decisions.
Your engagement helps us deliver the best insights tailored to your trading needs. If you want analysis of any coin, you can comment the pair name.
#USJobsSurge256K #AIXBT,COOKIE,CGPTOnBinance #DOJBTCAuction #ShareYourTrade #USJoblessClaimsDrop