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Technical analysis by CRYPTOMOJO_TA about Symbol TAO: Buy recommendation (7/9/2025)

https://sahmeto.com/message/3621439
CRYPTOMOJO_TA
CRYPTOMOJO_TA
Rank: 3487
2.0
Buy،Technical،CRYPTOMOJO_TA

TAO is gearing up for a breakout 🔥After weeks of consolidation, RNDR is now moving within a rising structure and pushing against a key descending trendline from the previous highs.🔍 What the chart shows:Descending Trendline Resistance: Price has tested this trendline multiple times, a breakout would signal strength.Higher Lows: Buyers are consistently stepping in early, showing increasing demand.Tight Price Action: Price is getting squeezed, indicating an explosive move could be near.Volume: Slight rise in volume suggests growing momentum.🎯 Trade Setup Idea:Entry: Break and retest above $330Stop-loss: Below $310Target 1: $380Target 2: $440A breakout above the trendline could trigger a strong upside move.DYOR. NFATAO TAOUSD TAOUSDT

Translated from: English
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Signal Type: Buy
Time Frame:
6 ساعت
Price at Publish Time:
$322.72
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