#TAO is currently testing the long-term descending resistance on the 2-day timeframe.
Partial accumulation at the current level may be considered, with additional entries near the key support zone:
🔹 $393.1 – $377.7
If the price breaks above the descending trendline with strong volume confirmation, the next potential upside targets are:
🎯 $507.4
🎯 $599.7
🎯 $717.3
⚠️ As always, use a tight stop-loss and manage your risk accordingly.
Partial accumulation at the current level may be considered, with additional entries near the key support zone:
🔹 $393.1 – $377.7
If the price breaks above the descending trendline with strong volume confirmation, the next potential upside targets are:
🎯 $507.4
🎯 $599.7
🎯 $717.3
⚠️ As always, use a tight stop-loss and manage your risk accordingly.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.