#TAOUSDT | DAILY TIMEFRAME UPDATE

31 בדצמ׳ 2024

#TAOUSDT | DAILY TIMEFRAME UPDATE

I’ve previously discussed #TAO on our channel, covering both its fundamental and technical aspects. If you reviewed our last analysis, you’d see we achieved over 80% profit without leverage!

Now, let’s move on to the new plan:

Current Perspective 👇👇

Based on the weekly and daily charts, TAO is currently trading at a discounted price of $452. If you’re looking to invest mid- to long-term, consider buy opportunities in the $452 - $420 range.

Targets for Bittensor (TAO)

Mid-Term Targets:

$476.8

$496.1

$505.4

$521.7

$538

$586


Long-Term Targets:

$644

$676

$717

$760


Key Invalidation Level: Below $380

Stay tuned for further updates! ❤️

2 בינו׳

עסקה פעילה

#TAOUSDT | DAILY TIMEFRAME UPDATE

On December 31, I published a detailed analysis of #TAO, identifying the $452–$420 zone as a key range. Shortly after, the price surged an impressive 23.90% to the upside in just two days, without leverage! As of now, it has successfully hit its fifth midterm target.

If you caught this trade, consider securing profits by closing at least 40% of your position. Move your stop loss to the entry point to safeguard the trade and let the remaining position ride for potential higher targets. ✅