The trend is clean and decisive, with no pullback, indicating a strong performance. This kind of clean trade movement usually means solid buying pressure and limited selling pressure. If it can hold this position and then push higher, it will be more comfortable.
The key still depends on whether the trading volume can support it. Breakouts without sufficient volume are often prone to retracement. Conversely, if the volume is strong, TAO's current rally could have the potential to continue.
For short-term traders, this clear technical signal is worth paying close attention to. Of course, risk management always comes first.
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MercilessHalal
· 01-06 02:16
The trading volume doesn't match, just go all-in with me.
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0xSoulless
· 01-05 22:49
If the trading volume isn't strong enough, what's the point of cleaning? Sooner or later, you'll get cut.
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ShadowStaker
· 01-05 06:51
volume's gotta back this or it's just another tease, ngl... seen too many clean breaks collapse when liquidity dries up
Reply0
PonziWhisperer
· 01-04 12:34
What to do if the volume isn't strong enough? I always feel that this kind of breakout is easily fake.
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CryptoFortuneTeller
· 01-03 13:50
Unmet trading volume indicates a false rally; it looks good but is easy to be shaken out.
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ForumMiningMaster
· 01-03 13:44
Volume is the real key; breakthroughs without volume are all false pretenses.
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Rekt_Recovery
· 01-03 13:42
ngl volume's the real tell here... seen too many clean breaks get absolutely dumped when the buying dries up. tao's looking solid rn but that's copium talking after my last liquidation lmaooo
Reply0
DogeBachelor
· 01-03 13:38
If the trading volume is not strong enough, I don't believe it. Previously, the TAO trend had too many false breakouts.
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RugpullTherapist
· 01-03 13:25
Volume is the key; breakthroughs without volume are just paper tigers.
TAO just broke through TP2 at the integer level
The trend is clean and decisive, with no pullback, indicating a strong performance. This kind of clean trade movement usually means solid buying pressure and limited selling pressure. If it can hold this position and then push higher, it will be more comfortable.
The key still depends on whether the trading volume can support it. Breakouts without sufficient volume are often prone to retracement. Conversely, if the volume is strong, TAO's current rally could have the potential to continue.
For short-term traders, this clear technical signal is worth paying close attention to. Of course, risk management always comes first.