$TAO USDT | Perp | 1H – Pro Trader Market Overview
TAUSDT printed a sharp impulse from the 0.0342 base, tapping the 0.0390 liquidity pocket before cooling off. Price is now stabilizing around 0.0364, holding above prior demand—this is a classic post-spike consolidation, not a breakdown. Sellers failed to push below value, while buyers continue to defend the mid-range.
Volume expansion on the spike confirms real participation, and the pullback shows controlled profit-taking. As long as price holds above the 0.0350–0.0345 demand zone, continuation remains favored. A clean reclaim of 0.0375 flips momentum back to expansion mode.
Trade Plan
EP (Earn Profit): 0.0358 – 0.0364
TP (Take Profit):
TP1: 0.0376
TP2: 0.0390
TP3: 0.0415
SL (Stop Loss): 0.0342
Bias stays bullish above demand. Let structure confirm, respect risk, and trade with discipline.
