๐จ $TAO /TRY โ Gearing Up for a Rally or Fading Momentum? ๐ฅ
$TAO is holding steady near 17,137 TRY, showing resilience after a recent dip. With bullish signals flashing, is a breakout comingโor will bears take over? Letโs break it down ๐
๐ Market Overview
๐ Current Price: 17,137 TRY (โ $439.63, โผ -0.23%)
๐ 24h High: 17,787 TRY
โ๏ธ 24h Low: 16,297 TRY
๐ 24h Volume: 11.28M TRY (651 TAO)
๐ RSI(6): 62 (Bullish momentum building!)
๐ Moving Averages:
โข MA(7): 16,943
โข MA(25): 17,002
โข MA(99): 17,163
๐ MACD: [Exact values not shown, but RSI and price structure suggest bullish crossover likely]
๐ TAO Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If TAO Holds Above 17,000 TRY):
โข Entry: Above 17,200 TRY
โข Targets: 17,800, 18,500, 19,200+
โข Stop-Loss: 16,300 TRY
๐น Bearish Scenario (If TAO Falls Below 16,300 TRY):
โข Entry: Below 16,300 TRY
โข Targets: 15,700, 15,150, 14,800
โข Stop-Loss: 17,200 TRY
๐ Should You Hold or Take Profits?
โ RSI > 60 = Strong buyer interest
โ Price above MA(7) and close to reclaiming MA(25)
โ Resistance ahead at 17,787 โ volume will decide the breakout!
๐ก Pro Tip:
๐ Watch for price to flip 17,200 with strong volumeโthis could trigger a sharp move toward 18,500+
โ ๏ธ Low volume or rejection at 17,800 = potential for pullback to mid-16,000s
๐ข Your callโare you riding the breakout or waiting for a dip? Drop your thoughts below!
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