$TAO Bittensor (TAO/USDT) is currently trading around $194 after a strong bullish rebound from the $142.8 swing low. Price has delivered a sharp impulsive move, gaining over 20% in a short period, signaling aggressive dip-buying and short covering. On the 4H timeframe, momentum has shifted bullish with higher lows forming, and volume expansion confirms institutional interest. However, price is now approaching a critical supply zone where previous breakdown occurred.
🔎 Key Levels to Watch
🟢 Immediate Support:
$180 – $185 (Intraday demand zone)
$165 – $170 (Strong structural support)
$142 – $145 (Major swing low support)
🔴 Immediate Resistance:
$205 – $210 (Short-term supply zone)
$223 – $230 (Breakdown origin level)
$250 – $255 (Major resistance & trend reversal zone)
📊 Trading Scenarios
Bullish Case:
If $TAO sustains above $185 and breaks $210 with strong volume, expect continuation toward $230+. A daily close above $230 could open the door for a mid-term reversal toward $250.
Bearish Case:
Rejection from $205–$210 may trigger pullback toward $170. Loss of $165 support could retest $145 zone.
⚡ TAO is at a decision point. Smart traders wait for confirmation above resistance or a healthy pullback to support for optimal risk-reward entries.
Trade with proper risk management. This is not financial advice.
📌 Not financial advice. Trade with proper risk management.
Disclaimer: I am not your financial advisor.
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