$TAO /USDT: Testing Key Levels Amid Moderate Momentum
Current Price: $440.4 (+5.99%)
24H High: $480.0 | 24H Low: $415.5
$TAO has experienced a pullback from the $456 resistance after a brief surge. The RSI at 44.7 indicates neutral momentum, with potential for either a rebound or further consolidation.
Key Levels to Watch:
Resistance: $450, $460, $480
Support: $430, $420, $410
Trade Setup:
1. Long Entry: Above $450, targeting $460, $470, and $480.
2. Short Entry: Below $430, targeting $420, $410, and $400.
Risk Management:
Stop-Loss for Longs: $430
Stop-Loss for Shorts: $450
Market Insight:
TAO/USDT has slowed down after recent gains, consolidating near a critical zone. A move above $450 could renew bullish momentum, while a break below $430 might trigger further declines.
#TAOUSDT