TAO/USDT Short Trade setup with Minimum Risk ZoneGETTEX:TAO looks like it's testing strong resistance at $369-$375. I'm planning to short at this level with targets at $340 and $310.
Risk management: Stop loss set at $389 for a safe exit if the price moves against the trade.
Technical setup shows a potential down move from this resistance zone
$TAO Update ( 6.20% Down From Our Entry)GETTEX:TAO Update ( 6.20% Down From Our Entry)
Short entry at $385 — triggered perfectly.
Price hit $386 before dropping — now down 6.2% from entry.
▶️ Bearish Divergence still valid
▶️ FVG rejection confirmed
▶️ Holding below $390 = bearish bias intact
Not financial advice — but never be greedy.
$TAO/USDT – Breakout Alert & Bullish Setup$TAO/USDT – Breakout Alert & Bullish Setup
TAO has officially broken above the long-term descending trendline, signaling a strong structural shift!
Key Highlights:
▶️ Breakout confirmed near $350
▶️ Price Near to tapped the FVG resistance zone ($400–$430)
▶️ A potential pullback toward the green F
Is $750 The Next Big Target For TAO Price?
TAO has delivered impressive returns, soaring over 1600% to peak at $755.02 between late 2023 and early 2024. However, it entered a supply zone, leading to a 70% retracement by Q2 2024. Where its price returned to its initial demand level by July 5th.
In Q3, TAO's price saw brief increases but fa
drive momentum higher, potentially retesting yearly highsTAO experienced the most significant intraday surge, climbing 14.5%, and has risen over 55% this week. The momentum over the past 72 hours pushed its price beyond the 200-day EMA band and the $358.58 resistance level, marking a change of character (ChoCh).
This breakout has flipped the trend, and i
long-term bullish patterns have been identified on the daily Is TAO Aiming for the Moon?
Bittensor (TAO) has seen a significant inflow in spot volume, reaching $86.01 million, a 38% increase. Its market cap has also risen by 12% to $2.313 billion, making it the 36th largest cryptocurrency globally.
TAO has delivered exceptional returns to investors, soaring
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of TAO / TetherUS (TAO) is 425.2 USDT — it has risen 2.64% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing TAO price chart.
TAO / TetherUS price has risen by 6.34% over the last week, its month performance shows a 84.56% increase, and as for the last year, TAO / TetherUS has increased by 8.52%. See more dynamics on TAO price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
TAO / TetherUS (TAO) reached its highest price on Apr 11, 2024 — it amounted to 1,249.0 USDT. Find more insights on the TAO price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
TAO / TetherUS (TAO) reached the lowest price of 163.7 USDT on Aug 5, 2024. View more TAO / TetherUS dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying TAO is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade TAO right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for TAO / TetherUS (TAO): today its technical analysis shows the strong buy signal, and according to the 1 week rating TAO shows the strong buy signal. And you'd better dig deeper and study 1 month rating too — it's strong buy. Find inspiration in TAO / TetherUS trading ideas and keep track of what's moving crypto markets with our crypto news feed.
TAO / TetherUS (TAO) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, TAO / TetherUS is estimated as 3.05% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about TAO / TetherUS, you can find more inspiration in our curated watchlists.
You can discuss TAO / TetherUS (TAO) with other users in our public chats, Minds or in the comments to Ideas.