$TAO
/USDT Technical Trading Report – Strong Bullish Momentum Continues
TAO/USDT is showing powerful upside momentum, currently trading at $189.8, up +15.59% in the last 24 hours. The price aggressively moved from a 24h low of $151.9 to a high of $191.5, reflecting strong buyer dominance and sustained bullish pressure. With 34.60M USDT volume, market participation remains solid, confirming that this rally is supported by real demand rather than weak speculative spikes. The structure on lower timeframes (15m–1h) indicates higher highs and higher lows, signaling continuation strength. Immediate resistance stands near $191.5–$193.5; a clean breakout above this zone with volume expansion could open the path toward the psychological $200+ level.
On the downside, key support is now forming around $184.8, followed by stronger demand zones near $176.1 and $167.3. Traders looking for optimal entries may consider pullbacks toward these support levels rather than chasing extended candles. Momentum traders can target breakout confirmations above resistance, while swing traders should monitor consolidation above $184 for sustained continuation. Risk management remains essential — a break below $176 could trigger short-term profit booking toward $167–$158 region. Overall bias remains bullish unless price loses $176 support, making TAO one of the stronger Layer 1/Layer 2 gainers in the current session.