Since its listing on perpetual markets, TAU/USDT has corrected over 70%, entering deep value territory. Recently, aggressive buyers have stepped in, defending the $0.055 zone signaling a potential reversal point and the formation of a new demand base.
If this support continues to hold, the structure favors a bullish reversal from current levels. The setup offers an attractive entry with upside targets:
If this support continues to hold, the structure favors a bullish reversal from current levels. The setup offers an attractive entry with upside targets:
🧠 7+ yrs in crypto | ⚡ Scalp & swing trader | 📊 Price action lover | 🎯 Hunting setups daily
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🧠 7+ yrs in crypto | ⚡ Scalp & swing trader | 📊 Price action lover | 🎯 Hunting setups daily
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.