Direction
Long
Published
August 23, 2024
Status
Active
Token
TAO
Trigger
Support/Resistance
Type
Updated
October 10, 2024
TAO performed incredibly well in the last few days. After touching the bottom at the beginning of August, TAO is on its way to its significant resistance at $350. Breaking this level could lead to a massive upward momentum.
Trade Setup
- Entry: Once a breakout above $350 is confirmed
- Target 1: $475 (30%)
- Target 2: $580 (60%)
- Target 3: $680 (10%)
- Stop Loss: $339
- R/R Ratio: ~11
