TAO: Michaël van de Poppe Eyes $300 Target
TAO holds $232.7 level as Michaël van de Poppe eyes $300 target zone with partial profit-taking planned for altcoin portfolio flexibility.
SourceAnalysis
TAO draws fresh attention after Michaël van de Poppe signaled preference for a hold above current levels to unlock a $300 target zone in his altcoin portfolio.
The trader clarified he would sell only a portion or all depending on market structure, aiming to lock gains and repurchase on subsequent dips rather than exit permanently.
With TAO price at $232.7 on the 4h chart, price sits inside Bollinger Bands between $230.91 support and $238.01 resistance while EMA50 at $239.36 caps upside and EMA200 at $226.77 offers deeper floor; the neutral RSI at 41.95 combined with MACD golden cross at -2.76 suggests momentum may build only after a test of the 50-EMA resistance before any sustained push higher, aligning with TAO price prediction models that factor Bitcoin correlation and broader AI sector flows.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast