📉 TAO/USDT: Bittensor Price Analysis 🚨
Bittensor ($TAO ) is currently priced at $441.60, with a -6.50% decline in the last 24 hours.
Key Levels to Watch:
Support:$430 (immediate support, potential bounce area)$400 (stronger support zone, deeper correction possible)Resistance:$460 (immediate resistance, watch for reversal)$480 (next major resistance level)
Trade Setup:
Buy Opportunity: Look for buying near $430 if the price holds above support, targeting:$460 (immediate resistance)$480 (next major resistance)
Risk Management:
Stop-Loss: Place your stop-loss around $400 to manage risk in case of a deeper correction.
Market Insight: TAO is experiencing a pullback, but if it holds above key support levels, it could provide a good buying opportunity for short-term gains.
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