📉🚨 ALERT: $TAO /USDT AT CRITICAL SUPPORT – BIG MOVE INCOMING! 🚨📉

$TAO /USDT is teetering at a vital support level around £497 USDT, with a consistent downtrend pressing against the bulls. This £497 USDT support zone has been tested multiple times, showing resilience, but each test weakens its strength. If this level fails to hold, a sharper decline could unfold, while a bounce could initiate a relief rally.

🔍 Key Levels to Watch:

• Support: £497 USDT – This is the last stronghold. A breakdown below could lead to further downside towards £480 USDT.

• Resistance: £520 USDT – First resistance zone; breaking above it may attract fresh buyers, pushing TAO higher toward £540 USDT.

💼 Trading Strategy:

1. Long Entry: Wait for a confirmed bounce above £497 USDT, targeting £520 USDT initially.

• Stop Loss: Set at £490 USDT to manage risk in case support breaks.

2. Short Entry: If the price closes below £497 USDT, enter with a short position aiming for £480 USDT.

• Stop Loss: Place at £505 USDT to protect against potential pullbacks.

With TAO/USDT on edge, this support level is key. Will it break down or bounce? Stay alert – the next move could define the trend!

#USJobOpeningsDip #BTCBreak71K #BinanceBlockchainWeek #CryptoPreUSElection #EthereumPectraUpgrade