$TAO /USDT Bullish Momentum! 🔥💯
Current Price: $445.5
Analysis & Trading Plan:
Support: $440 - $445
Resistance: $470 - $480
Entry Opportunity: Look for entries near $445 - $450, especially if price holds above support and shows confirmation of bullish momentum.
Target: $470 - $480
Stop Loss: $435 - $440
Risk/Reward: ~2:1 based on target zone.
Bullish Momentum:
Price is trending up with strong buying volume, indicating continued bullish momentum.
A breakout above $450 with sustained volume could push price towards resistance.
Pro Tip:
Watch the 4-hour and daily charts for any signs of overbought conditions as price approaches resistance. If momentum weakens near $470-$480, consider tightening your stop loss to lock in profits.
Be disciplined and manage your entries for maximum potential! 🚀
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