$TAO Signal | Long | 1H Short Squeeze + Capital Resistance


$TAO 1H RSI surges to 85.95, sell order depth heavily outweighs 51.66%, but the price remains around 264 with a strong resistance, bulls are holding firm. The 4H Bollinger Band upper band at 254 has already been broken, now the upper band becomes support, pushing the price higher. MACD 1H histogram narrows but has not crossed over, momentum still exists.
🎯Direction: Long
⚡Entry/Order: 263.1382 - 263.9300
🛑Stop Loss: 250.7515
🚀Target 1: 283.6978
🚀Target 2: 293.5817
🛡️Trade Management:
- Execution Strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.
Overbought zone requires strict stop loss when going long. Current funding rate is normal, no overheating signals, but due to imbalance in depth, bulls still dare to buy, market sentiment is extreme, profit and loss ratio is still acceptable.
Check real-time market 👇 $TAO
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#我的Gate交易时刻 #TradFiCFD黄金大师赛 #预测世界杯巴西VS摩洛哥
TAO23.45%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned