$TAO /USDT
Structure:
Price has fallen from around $750 to the $190–$200 zone, putting it more than 70% below the peak. It’s now sitting just above a major historical support area, which has previously triggered strong bounces.
Key Levels:
• Major support: $130–$160
• Immediate resistance: $200–$215
• Breakout zone: $235+
Trade Idea:
• Aggressive entry: $190–$200
• Safer entry: Above $215 on a confirmed breakout
• Take profits: $235 → $275 → $350
• Stop loss: Below $158
Bottom line:
TAO is at a critical support. Either it forms a long-term bottom here, or a break below $160 could trigger another sharp leg down.
TAO
169.6
+0.29%