What would convince you to take a swing long on TAO perps?

Growing AI demand is a reason to be interested in TAO, but it doesn’t tell me when to open a perp position. For a trade lasting a few days, I’d want to see buyers keep showing up after the initial move. What I’d watch is how TAO behaves when the wider market pulls back. If it starts holding higher lows and recovering while BTC is still struggling, I’d be more willing to consider a long. That wouldn’t prove demand will last, but it would give me more to work with than a bounce that disappears as soon as BTC turns down. For my TAO perp trade, I’d wait for a breakout and a pullback that holds before opening the long, with a stop below the low formed on that retest. Position size would depend on the distance to the stop. That could mean missing a move that never pulls back, which I’m fine with. If the structure breaks after entry, I’d close it; the longer-term AI thesis wouldn’t change that decision. Would relative strength against BTC and a successful retest be enough for you to take that TAO long, or would you also need stronger spot buying? submitted by /u/Choice_Employee_7739 [link] [comments]

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