TAOUSDT: Major Pullback Coming Before the Next Big Move?Yello, Paradisers! Have you been tracking #TAOUSDT's impressive rise? Here's why you should be cautious as this uptrend might face a critical test soon!
💎#TAOUSDT has been a strong performer, consistently making higher highs and higher lows. Recently, it broke structure by forming a new higher high, which has further solidified its bullish momentum. However, there’s a probability of a pullback to the key demand zone between 470.4 and 457.3.
💎This demand zone aligns perfectly with the 0.618-0.66 Fibonacci retracement levels, a typical area where price often finds support in strong uptrends. If TAOUSDT dips into this zone and holds steady, we could see a rally back toward the next major resistance level at 624.2.
💎If a 4-hour candle closes below 434, this thesis will be invalidated, signaling potential further downside.
Patience and discipline are key here, Paradisers . Wait for the best opportunities, and keep your eyes on those critical support levels. Stay focused and trade smart!
Trade smart, Paradisers! Stay focused, patient, and disciplined. This is the only way you will make it far in your crypto trading journey. Be a PRO
MyCryptoParadise
iFeel the success🌴
TAOBTC
TAO ANALYSIS (12H)It looks like a completed double correction which was our wave A and where we put the green arrow on the chart it looks like a bullish pattern has started on the chart.
The Boolean pattern appears to be a diametric. We are now in wave E of this diametric.
From the red range, the price can be rejected downwards.
Closing a daily candle above the invalidation level will violate this analysis and view.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#TAO/USDT 250%+ Potential Profit! Breaking Out!!#TAO : One of the Best-Looking Breakout Charts!
With only 1 million in supply, this coin has the potential to serve as a well-balanced asset to complement your more volatile investments.
- Breakout: Confirmed
- Retest: Currently in progress
- Optimal Entry Range: $235 to $281 (Accumulate)
- Target: Potential 250% gains as the altcoin market rallies!
- Key Profit Levels to Watch:
- $389
- $477
- $550
- $675
- $743
Stop-loss: Not placing one—accumulating for long-term holding over the next few months.
Note:
Do your own research (DYOR).
This is not financial advice.
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