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$TAO Signal】Pullback Long, Risk/Reward Maximized
$TAO 1H level pulled back after hitting highs, RSI cooled to 67 after spiking to 72, initial signs of buyer exhaustion. 4H Bollinger upper band near 364 showing selling pressure, but EMA20 at 338 line forming dynamic support with clear intent of funds holding the floor. Current negative funding rate at -0.2%, positions stable, shorts not massively accumulated, this pullback looks more like profit-taking.
🎯Direction: Long
⚡Entry/Pending Orders: Scale in batch at 338.0 - 342.0 zone
🛑Stop Loss: 319.5
🚀Target 1: 407.3
🚀Target 2: 442.4
🛡️Trade