TAO/USDT Long

You can see how the price is based on the lower border of the channel, which may result in a reflection of the price, which is in the entry zone into a potential long, with a stop loss at $479. A potential confirmation may be a break above the purple downtrend line.

The RSI shows a return to the local support line, and the STOCH indicator shows that we are exceeding the lower limit, which may also change the price direction.
Beyond Technical AnalysisFibonacci RetracementTAOTAOUSDTtargetsTrend Analysistrendbasedfib

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