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Seeing $TAO the market chart I know, this long position is not a fake move this time.
Earlier when I was analyzing the chart, it was still hovering around 258.5. After a period of consolidation at a low level, it suddenly surged with increased volume, and the rebound signs were very clear, so I initially took the long position idea off the table.
Currently, the price has reached 276.6, with a profit of +339.30%, and that previous judgment has been realized.
Protect the profits already in hand first, take 70% off the table, and keep 30% to see if there’s another move later.
This is how contracts work: secure the profits first, and let the subsequent fluctuations play out on their own.
For those who missed the entry, wait for the next round.
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