$TAO
/USDT Technical Analysis 🎯
🔍 Current Price: £509.7 (-0.72%)
The TAO/USDT pair has been showing support around £509.1, with recent resistance seen at the £555.9 level. Here’s a breakdown of potential targets as TAO’s movement builds momentum:
Target 1: £520.0
A near-term target, capturing a likely bounce from support levels. If buying pressure picks up, this could be reached quickly.
Target 2: £545.0
Mid-range resistance. Breaking this point could indicate increased bullish strength and a shift in momentum.
Target 3: £560.0
A stretch target in the current setup. If momentum remains strong, this level could act as a peak in the near term, especially with substantial volume backing the rise.
Keep an eye on volume and price action for confirmation as TAO approaches these key levels.
