TAOUSDT Will Support Hold, or Is a Breakdown Imminent?
2024-10-22

Yello, Paradisers! Will #TAOUSDT hold its ground, or are we about to see a significant breakdown? Let's break down what could happen next.

💎#TAO is currently resting on a key support level. If the price successfully breaks below this support or the double top neckline, it will confirm a bearish trend, potentially leading to a deeper drop.

💎If this breakdown occurs, we’re eyeing the $484 demand zone as the first major target for the move downward. Should the market continue to struggle, there's a possibility of reaching even lower levels, with our final target positioned around a stronger support area.

💎On the other hand, if the price manages to close above $634 on the daily chart, the bearish outlook will be invalidated, and the market could resume its bullish trend.

Paradisers, stay sharp and wait for confirmation before acting. Smart, disciplined trading will keep you ahead of the game in this volatile market!

MyCryptoParadise
iFeel the success🌴