strong buy

Market Manipulation May Fuel Continued Uptrend on TAO

The market is experiencing a strong upward movement, possibly driven by manipulation until enough long positions are accumulated. The current analysis on the 4-hour chart of #TAO, utilizing smart money concepts such as Break of Structure, CHoCH, EQH/Equal Highs, and Demand Zones, indicates a bullish outlook if certain levels hold. The asset has reached approximately $429, testing a 'Weak High'. The optimistic scenario involves maintaining the $445–$460 zone for further accumulation and a breakout upward, continuing the bullish trend. A correction to the $320 zone followed by accumulation and growth would also be positive. However, a break below $240 and holding under the 'Strong Low' could lead to a decline toward $180–$200. Key support levels are at $345, $320, and $315. The structure remains bullish as long as these levels hold, but weakness above $480 and a close below $340 could trigger a deeper fall.
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AI Analysis

The current market analysis of TAO on the 4-hour chart employs smart money concepts to predict future movements. The recent test of $429 indicates that the bullish trend is still intact, especially if...

AI Recommendation

Given the current bullish bias supported by smart money analysis and key support levels, it is advisable to consider a buy-on-weakness strategy, especially if the price dips to the $345–$320 zone, as ...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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