$TAO just printed a massive long liquidation near the $149.31 level, signaling a deep downside liquidity sweep that flushed a large portion of leveraged long exposure in one move. This kind of liquidation usually marks a critical inflection zone rather than trend continuation. Price has now entered a major demand area around $145–$148 where buyers previously showed strong interest. If TAO stabilizes above this zone, a relief rebound toward $155 and $162 becomes likely, with the next upside target near $172 where previous distribution occurred. However, failure to defend $145 would expose TAO to deeper downside toward $138 before meaningful recovery. Structure is fragile short term but favors a bounce if selling pressure fades. $TAO

TAOUSDT

Perp

156.05

+0.13%

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