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$TAO Strong Recovery – Bullish Side Protects Firmly the $247 Zone
After a correction and testing the support zone at $247, $TAO has made a clear rebound. The price reaction in this area indicates buying pressure is returning and the bulls still control the short-term trend.
Currently, the price structure is forming higher lows, showing increasing momentum being reinforced. If the $247 zone continues to hold, the upward trend remains intact and the potential for further gains is entirely possible.
📈 Trading Plan (Long)
⟶ Entry zone: 252 – 257
⛔ Stop Loss: 246
• Take Profit: 262 – 270
In a positive scenario, if the price breaks above the nearest high with good volume, the rally could be further accelerated. However, traders should wait for clear confirmation signals and manage risks tightly.
In summary, $TAO is showing positive recovery signals after holding an important support. As long as $247 is not broken, the advantage still favors the buyers.