š $TAO Surges to $690.9: Bull Run or Pullback? š
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.
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Key Levels to Watch:
š Resistance: $697.8 ā Breaking above this could push toward $720 and beyond.
š Support: $604.6 ā Holding above this is crucial for sustained bullish momentum. A break below may lead to $567.
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Trade Strategy:
š” Long Entry: Above $700, targeting $720, $740, and $750.
ā ļø Stop Loss: $675.
š” Short Entry: Below $605, targeting $580 and $560.
ā ļø Stop Loss: $630.
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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.
š¬ Whatās your strategy? Are you bullish or bearish on this move? Letās discuss below!