Technical analysis by NakamotoZzzz about Symbol TAO: Buy recommendation (6/25/2025)

NakamotoZzzz

TAOUSDT has retraced into a strong confluence zone combining the 0.382 Fibonacci retracement level ($316.99) and a long-term ascending trendline. This area is often considered a high-probability bounce zone in bullish market structures.A long position was entered at $316.52, anticipating a continuation of the uptrend toward the previous swing high near $364.83.The setup offers a high reward-to-risk ratio, with a tight invalidation level below recent structural support and Fibonacci level.🧩 Trade Parameters:- Entry: $316.52- Stop Loss: $303.84- Take Profit: $364.83- Risk: $12.68- Reward: $48.31- Risk:Reward Ratio: 1 : 3.81✅ Bias:Bullish continuation after a healthy correction🔄 Confirmation:Strong price reaction or bullish candle from the 0.382 Fib and trendline support❌ Invalidation:Clean break below $303.84 (structural and Fib support)Current Price : 330.000.Move Stop Loss to entry price, zero risk.Close on Profit (Price : 325.86)