$TAO /USDT

TAO continues to trade in a broad consolidation between roughly 172 and 215 after the prior expansion. Recent price action shows higher lows forming into the upper half of the range, indicating gradual re-accumulation rather than distribution.

The repeated rejections near 215 define the range high liquidity pool. Current positioning around 195–200 is mid-range, which is structurally neutral. Directional edge only appears at extremes.

As long as 185–188 holds, the structure remains constructive and pressure builds toward another test of 210–215. Loss of that support would shift the auction back toward range low near 175.

This remains a mature range compressing after trend, not yet resolved. Best trades come at boundaries, not center.