TAO/USDT On the Edge of Major Breakout From Symmetrical Triangle
💎#TAOUSDT is on the verge of a major market move as it approaches the upper boundary of a Symmetrical Triangle. Currently, it's testing the channel’s resistance, supported by strong momentum at $381.8. This positioning offers a substantial chance for a breakout, setting the stage for an upward trajectory.
đź’ŽHowever, if #Bittensor cannot sustain this momentum and dips below the critical support of $381.8, it may signal a weakening trend with potential declines. The subsequent critical demand zone at $330.03 is our watchpoint, renowned for its liquidity and history of initiating significant upward movements.
đź’ŽIn the case that TTAO revisits this demand zone, achieving a robust rebound to affirm support is imperative. A failure to do so could intensify bearish forces, tarnishing market sentiment and potentially catalyzing further price drops.
đź’ŽStay vigilant and adaptive, Paradisers. Your ParadiseTeam is actively monitoring and ready to navigate the potential shifts in the #TAO market.
MyCryptoParadise
iFeel the success
đź’ŽHowever, if #Bittensor cannot sustain this momentum and dips below the critical support of $381.8, it may signal a weakening trend with potential declines. The subsequent critical demand zone at $330.03 is our watchpoint, renowned for its liquidity and history of initiating significant upward movements.
đź’ŽIn the case that TTAO revisits this demand zone, achieving a robust rebound to affirm support is imperative. A failure to do so could intensify bearish forces, tarnishing market sentiment and potentially catalyzing further price drops.
đź’ŽStay vigilant and adaptive, Paradisers. Your ParadiseTeam is actively monitoring and ready to navigate the potential shifts in the #TAO market.
MyCryptoParadise
iFeel the success
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