Bernstein flags USDC growth cycle

Bernstein sets $140 price target for Circle, citing $2B USDC supply growth and rising transaction share to over 60% in 2026.

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$TAO is showing a notable liquidity reaction after roughly $1.20K in short positions were liquidated around $238.28. The sweep indicates buyers are defending this area, but price still needs to reclaim nearby supply to confirm a stronger bullish continuation.

Support: $238–$232

Resistance: $250–$258

Next Target: $270+

If TAO holds above $238 and breaks through $250–$258 with volume, the next liquidity objective could shift toward $270. A decisive loss of $232 would invalidate the bullish structure and expose lower support.

Confirmation first. Risk management always.

Let’s go $TAO 🚀#DeepSeek launches vision model #Bernstein flags USDC growth cycle #Fed Chair speaks at Jackson Hole

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Daniel William
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