AI-related tokens are showing real strength lately, and TAO has led the charge with a series of green candles. However, the most recent candle suggests potential for a cool-off into support—which could form a higher low and provide a great entry opportunity.
📍 Entry Zone:
$279 (potential higher low formation)
🎯 Take Profit Targets:
🥇 $292
🥈 $317
🛑 Stop Loss:
Below $260 (look for daily close confirmation)
📊 Notes:
If price consolidates above $279 and bounces, it confirms strength.
Watch for volume drop during the pullback—bulls want a light retrace before resuming higher.
If TAO breaks and holds above $292 quickly, you may want to trail your stop.
📍 Entry Zone:
$279 (potential higher low formation)
🎯 Take Profit Targets:
🥇 $292
🥈 $317
🛑 Stop Loss:
Below $260 (look for daily close confirmation)
📊 Notes:
If price consolidates above $279 and bounces, it confirms strength.
Watch for volume drop during the pullback—bulls want a light retrace before resuming higher.
If TAO breaks and holds above $292 quickly, you may want to trail your stop.
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.