$TAO TAO has recently shown range-bound price behavior as traders and investors weigh current market sentiment. After bouncing off support near recent lows, $TAO has struggled to break above nearby resistance levels, keeping price action relatively sideways in the short term. This suggests short-term uncertainty as buyers and sellers remain balanced.
Short-term technical indicators show mixed momentum, with neither strong buying nor selling pressure dominating. If buyers can push $TAO above its key resistance level with increased volume, it could lead to short-term upside movement. Conversely, a break below support may trigger further consolidation.
Key Levels to Watch:
• 🛡️ Support: Recent consolidation lows
• 🔥 Resistance: Near recent swing highs
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