Technical analysis by mrsignalll about Symbol TAO: Buy recommendation (1/24/2025)

mrsignalll

#TAOUSDT | DAILY TIMEFRAME UPDATEThe price of #TAO reached $367 today, testing a critical support zone between $367.41 and $320 on the weekly and daily charts. After touching this area, the price bounced strongly to the upside.Currently, #TAO is trading at $386, presenting an opportunity for spot buying. It holds potential for mid-term and long-term investments.The price of #TAO has surged upward, perfectly aligning with our analysis, delivering an impressive 17% gain so far — and that's without leverage! ⚡️ If you managed to catch this trade, now is the time to lock in some profits and move your stop loss to breakeven to secure your position. ✅#TAOUSDT | DAILY TIMEFRAME UPDATE One of the altcoins I’ve analyzed extensively is #TAO. In our latest analysis, based on the weekly and daily charts, I highlighted #TAO as a strong opportunity for both mid-term and long-term trades. Since then, the price has surged over 35% in less than a week—without leverage. ⚡️ Looking ahead, I recommend adding this coin to your watchlist for the next month, as it holds potential for both short-term and long-term trades. ✅ Based on the chart, I remain bullish on #TAO, and we could see even higher prices in the coming months. 📈