$TAO is currently trading around $179.9 after facing rejection near the $200 psychological resistance zone. The chart shows a strong recovery from the $142.8 major swing low, followed by a sharp impulsive move upward — indicating buyers are still active on dips. However, recent candles show consolidation with lower highs, suggesting short-term bearish pressure.
The structure remains neutral-to-bullish as long as price holds above the key demand zone near $170.
📊 Key Levels to Watch $TAO
🟢 Support Zones:
$170 – $172 (Immediate intraday support)
$158 – $160 (Strong demand zone)
$142.8 (Major swing low / structural support)
🔴 Resistance Zones:
$190 – $192 (Short-term resistance)
$203 – $205 (Major breakout zone)
$242 (Previous high)
📈 Trading Outlook
A clean breakout above $192 could trigger momentum toward $205+.
A breakdown below $170 may push price toward $160 support.
Volume confirmation is key before entering.
⚠️ Manage risk properly and wait for confirmation candles.
📌 Not financial advice. Trade with proper risk management.
Disclaimer: I am not your financial advisor.
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