$LSE:TAO Technical Analysis – Altseason AI Gem Update
$LSE:TAO has been one of the most bullish AI coins this cycle — pumping over 200% in just 2 months without any major pullback. But now, things are getting interesting.
Current Price Action:
▶️ Trading near strong resistance at $480
▶️ Holding steady above $400 support zone
▶️ A breakout above $500 could open the gates to $1,000 → $2,000+ in this bull run!
Retracement Watch:
▶️ After such a strong rally, a correction is likely
▶️ Expecting 0.5 Fib retracement → $284 (–35% drop)
▶️ In worst-case scenario: 0.618–0.786 Fib → $250–$230 (–50% drop)
Accumulation Zone:
$200–$250 is the golden pocket for high-reward entries. Best zone to accumulate before the next leg up.
Target Levels for This Bull Run: $500 → $1,000 → $1,500 → $2,000 → $3,000
Chart Invalidation: If price breaks below $200, this bullish outlook gets invalidated.
Stay patient. Big dips bring big opportunities.
$LSE:TAO has been one of the most bullish AI coins this cycle — pumping over 200% in just 2 months without any major pullback. But now, things are getting interesting.
Current Price Action:
▶️ Trading near strong resistance at $480
▶️ Holding steady above $400 support zone
▶️ A breakout above $500 could open the gates to $1,000 → $2,000+ in this bull run!
Retracement Watch:
▶️ After such a strong rally, a correction is likely
▶️ Expecting 0.5 Fib retracement → $284 (–35% drop)
▶️ In worst-case scenario: 0.618–0.786 Fib → $250–$230 (–50% drop)
Accumulation Zone:
$200–$250 is the golden pocket for high-reward entries. Best zone to accumulate before the next leg up.
Target Levels for This Bull Run: $500 → $1,000 → $1,500 → $2,000 → $3,000
Chart Invalidation: If price breaks below $200, this bullish outlook gets invalidated.
Stay patient. Big dips bring big opportunities.
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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.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
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.