Technical analysis by InnerCircleIDN about Symbol TAO: Buy recommendation (9/27/2025)
https://sahmeto.com/message/3796656

InnerCircleIDN
Rank: 35016
Analytical Power:
0.5
TAOUSD Bullish case scenario, DCA
:Buy
Price at Publish Time:
$297.85
Profit Target:
(+57.80%)$470
Stop Loss Price:
(-0.12%)$297.5

TAOUSDT Analysis (1D timeframe) Currently, TAO is trading around $298, showing a slight decline of -1.02%. On the chart, we can see a falling wedge / descending triangle pattern forming, with strong horizontal support around the $295-300 zone. The projection indicates a potential breakout to the upside, with a measured move target of around +54.8%, which could bring the price toward the $460-480 range if momentum builds. As long as TAO holds above the key support level, the bullish breakout scenario remains valid. However, a breakdown below support would invalidate this setup and may trigger further downside. Key levels to watch: Support: $295-300 Resistance: $365-425 Breakout target: $460-480
Source Message: TradingView