🚀 Big change for $TAO - Is this the bottom? 🔥📊

TAO has seen a massive increase of over 32% after bouncing off the 142.8 low & breaching the 200 psychological resistance 📈. On the 4 hour chart, this reversal can be seen after a long period of downward pressure.

A supertrend bullish near 178 has confirmed a shift in momentum to the buyers side ✅. With the breakout, the volume added strength to the move indicating this may not be a weak bounce but instead true demand.

🔎 LEVELS TO WATCH

🔹 Immediate Support: 190-195

🔹 Major Support: 178

🔹 Resistance: 208-210

🔹 Breakout Targets: 224-240

📌 Keeping above 190 = continuation 🚀

⚠️ If the price is rejected below 200 a short term pullback is likely

Despite momentum shifting bullish, the risk is high. Trade smart 🎯

#TAO #CryptoAnalysis #BinanceSquare #Layer1 #Altcoins

TAO

180.4

+3.08%