$TAO
$TAO /USDT Technical Analysis & Trade Signal💯🔥🔥
Current Price: $484.5
Momentum: Bullish (+8.37% in 24h, supported by high volume)
Key Indicators:
RSI: Near overbought zone, suggesting strong upward momentum.
Moving Averages: Price is trading above key MA levels (e.g., MA50, MA200), confirming bullish momentum.
Support Levels: $455.1 and $435.0 (previous lows).
Resistance Levels: $487.0 and $500.
Trade Signal:
Entry Zone: Between $480-$485.
Stop Loss: Below $470 (to minimize downside risk).
🎯 Target Levels:
1. Target 1: $500 (psychological level).
2. Target 2: $515 (strong resistance).
3. Target 3: $530 (extended target if bullish momentum persists).
Momentum Confirmation:
Strong breakout above $487 will confirm continued upside potential.
Caution advised if price closes below $470 on higher timeframes.
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