TAO Long Spot Trade (Reclaiming Resistance)
Market Context:
TAO is showing strength by reclaiming key resistance levels as support and attempting to form a higher low. The setup suggests potential for further upside if price consolidates above $450 and reclaims the daily 21 EMA. A break above $600 could lead to price discovery.
Trade Setup:
Entry: Between $450 and $490
Take Profit Targets:
First target: $590
Second target: $760
Third target: $960
Stop Loss: Daily close below $400
This setup aligns with a strong risk-to-reward ratio, leveraging the potential for continuation beyond $600. #TAO
TAO is showing strength by reclaiming key resistance levels as support and attempting to form a higher low. The setup suggests potential for further upside if price consolidates above $450 and reclaims the daily 21 EMA. A break above $600 could lead to price discovery.
Trade Setup:
Entry: Between $450 and $490
Take Profit Targets:
First target: $590
Second target: $760
Third target: $960
Stop Loss: Daily close below $400
This setup aligns with a strong risk-to-reward ratio, leveraging the potential for continuation beyond $600. #TAO
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.