$TAO /USDT BULLISH BREAKOUT IMMINENT 🚀
Key Levels:
- Current Price: 521.2
- Resistance Levels: 530.0, 540.0, 547.0
- Support Levels: 510.0, 500.0, 479.1
Trade Setup:
- Long Entry: 522.0
- Take Profit (TP):
- TP1: 530.0
- TP2: 540.0
- TP3: 547.0
- Stop Loss (SL): 510.0
Risk Management:
- Risk/Reward Ratio: 2:1
- Position Size: 2% of trading capital
Summary:
We are looking for a long trade on $TAO/USDT due to a bullish breakout pattern. The price is currently at 521.2, showing signs of upward momentum. Key resistance levels are at 530.0, 540.0, and 547.0, while support levels are at 510.0, 500.0, and 479.1. Entering at 522.0 with a stop loss at 510.0 and targeting 530.0, 540.0, and 547.0 provides a favorable risk/reward ratio. 📈🚀
Happy trading and may the market be in your favor! 📈💸