🚀 $TAO Surges to $690.9: Bull Run or Pullback? 🚀
has skyrocketed by +13.62%, hitting $690.9, with a 24-hour high of $697.8 and low of $567.1. With strong volume and momentum, is catching attention as it approaches key resistance levels.
---
Key Levels to Watch:
📈 Resistance: $697.8 – Breaking above this could push toward $720 and beyond.
📉 Support: $604.6 – Holding above this is crucial for sustained bullish momentum. A break below may lead to $567.
---
Trade Strategy:
💡 Long Entry: Above $700, targeting $720, $740, and $750.
⚠️ Stop Loss: $675.
💡 Short Entry: Below $605, targeting $580 and $560.
⚠️ Stop Loss: $630.
---
Market Sentiment:
With a 24-hour volume exceeding $219M, $TAO is showing robust demand. If bullish sentiment continues, a new ATH could be on the horizon. However, be prepared for potential corrections as the price tests critical levels.
💬 What’s your strategy? Are you bullish or bearish on this move? Let’s discuss below!