$TAO is currently trading right on the previously marked descending support trendline — a level that has already triggered reactions in the past.
This zone is structurally important.
As long as price holds above this support, a technical bounce remains in play. The structure is still intact, and buyers may step in to defend this level.
However, this is a decision point.
A clean breakdown with strong volume below the trendline would invalidate the stabilization attempt and likely open the door for further downside continuation.
Trade here on $TAO
🧠 Trader’s Outlook:
✔️ Holding support → potential relief bounce
❌ Losing support → bearish continuation
This is not the time to guess — wait for confirmation.
Market commentary only. Not financial advice. Manage risk accordingly. 🚀