Log in

Technical Analysis

TARS technical analysis: Can TARS sustain the breakout rally?

Published: Sep 27, 2024
0
Share:

TARS is a relatively young asset, just 148 days old, but we’ve already seen a clear support level of around $0.1. This has acted as a floor during a consolidation period where the asset was range-bound.

Post Feature Image

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.


The key level to watch now is $0.1545, which has been respected multiple times. After testing and holding this level, we’ve seen a solid breakout. TARS is still 82% down from its all-time highs, meaning there’s plenty of room for movement.

Structurally, TARS has broken out of two diagonal resistance levels:

  • The first is from the June high to the July swing high.
  • The second is from the June high to the August swing high.
Both of these trendlines have been cleared, which is a positive signal.

4. TAR-SOL daily chart showing a breakout from descending resistance trendline, with 81.64 potential price increase towards key targets.

Playbook

  • Bid the Breakout: If you have a conviction in TARS, bidding the breakout could be a strong move. Momentum is here, and with the diagonal resistance cleared, sellers are likely exhausted at these levels.
  • Wait for a Retracement: For a more conservative approach, you can wait for a potential retracement to the $0.1545 level. If this flips from resistance to support and holds, it can act as a new floor for future price action.
This breakout is key because, as we know, resistance is where sellers have previously stepped in. Once resistance breaks, it’s a sign that sellers have stepped aside, allowing buyers to push the price higher. There’s room for more upside here, but how this level holds in the next few days will be critical.

Note: This is a technical analysis and not an investment recommendation. We are not personally invested in TARS, and this is purely for educational purposes to help members understand potential strategies.

Cryptonary’s take

TARS is showing clear bullish signals after breaking two key resistance levels. While it’s still far from its all-time high, this breakout opens the door for further upside. Whether you’re a breakout trader or waiting for a pullback, TARS offers opportunity, but patience will be key. If the $0.1545 level holds, we could see the next leg up, but as always, managing risk is essential. Keep a close eye on how the price reacts in the coming days.

100% Success Money Back Guarantee

If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Terms & Conditions apply

Star

Trusted by 300,000+ traders

Take your next step towards crypto success

Save 50%

$799/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

What’s included in Pro:

  • Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • Our latest memecoins pick with 50X potential

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp

Frequently Asked Questions

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Recommended from Cryptonary
This Week's Setup: 27th of October
Market Updates
This Week's Setup: 27th of OctoberIt’s a big week in markets, and you don’t want to miss what’s coming. The Fed meets, Trump and Xi ar...
7 min read
Oct 27, 2025
BTC, ETH and More: Breakouts Loom on Pennants, Key Levels Ahead
PRO
Market Direction
BTC, ETH and More: Breakouts Loom o...The market is coiling in pennants after the inflation beat. All eyes on major resistance and breakdo...
6 min read
Oct 24, 2025
Market Pulse: Softer Inflation Fuels Fed Cut Hopes
PRO
Market Pulse
Market Pulse: Softer Inflation Fuel...Inflation surprised to the downside, easing Fed pressure and sparking rebounds in both TradFi and BT...
3 min read
Oct 24, 2025