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 $330
Stop-loss: Below $310
Target 1: $380
Target 2: $440
A breakout above the trendline could trigger a strong upside move.
DYOR. NFA
TAO 
TAOUSD 
TAOUSDT 
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Disclaimer
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Register on WEEX and Blofin and trade with me: 👇
support.weex.com/en/register?vipCode=bamn
partner.blofin.com/d/Cryptomojo
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
support.weex.com/en/register?vipCode=bamn
partner.blofin.com/d/Cryptomojo
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.