š TAO/USDT Long Trade Setup š
š Entry Zone: 221.0 ā 225.0
šÆ Take Profit: 321.0
š» Stop Loss: 210.0
This setup is based on a Double Bottom (W pattern), which often signals a bullish reversal after a bearish trend š
Price is reacting from a strong Demand Zone where previous buyers defended the level šŖ
š Market Analysis:
TAO is forming a clear double bottom around 221, indicating buyer strength
RSI is in the oversold zone, which often signals a price bounce š
TAO Halving (Dec 2025) will reduce supply by 50%, which is a strong bullish factor for the long term š
ā ļø Risk Management:
TAO is a highly volatile coin, so be sure to follow the stop loss
This setup is better for swing traders, intraday traders should wait for confirmation

TAOUSDT
Perp
224.82
+0.64%