$TAO Price Action & Key Levels 🔍📉

TAOUSDT

Löpande

173.53

-5.54%

$TAO is still trading within a bearish descending channel, and price is currently consolidating below resistance after the latest selloff.

Momentum remains capped buyers need proof before any real reversal.

🔑 Critical zone: 160–165

🟢 Above 160–165

• Structure allows a short-term relief bounce

• Upside targets: 175–185 (channel resistance)

🔴 Below 160–165

• Weakness increases

• Next support: 150

• A deeper move toward the prior wick low remains possible if selling pressure expands

⏳ Market is at a decision point. This is a wait-for-confirmation setup, not a chase.

💬 Are you expecting a bounce from 160–165 or continuation lower?

⬇️ Drop your view below.

#TAO #CryptoAnalysis #TechnicalAnalysis