1. The current recommendation is to long on TAO, clearly indicating that the entry point is in the 144-145 area, which is a strong support zone and a liquidity clearing zone. There is no mention of overextending the price or waiting for a pullback, which is a positive long signal that is directly bullish. 2. Position and Risk Management Recommendations: We recommend a long with 2-5x leverage, entry point at 144-145, stop-loss at 135, and target levels set in stages: 150, 160, 175, 190, 205, 225, and 250. The first two targets, 150 and 160, have been achieved, and the current profit is 51.7% (5x leverage). There is no clear timeframe indication, but we emphasize the strong support in this entry area, making it suitable for heavy positions or gradual additions. 3. Suitable for trading styles: This strategy is suitable for aggressive short-term or medium-to-short-term trend trading. It relies on strong support and liquidity clearing to set up positions, emphasizing quick entry and exit. It is suitable for capturing the pace of bullish rallies, but it is not advisable to hold positions for too long. The targets are clearly defined, which is conducive to taking profits in batches.
TAO: Summary of Binance Killers Community Discussion (20:00:10 ~ 21:00:10)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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