đš $TAO : From $1,249 to $194 â A Structural Reset, Not Just a Dip
A decline from $1,249 to $194 is not a normal pullback.
Thatâs an 80%+ compression in valuation.
Moves of this magnitude represent one of two things:
1) Structural breakdown
2) Long-term opportunity reset
Hereâs what the chart shows:
âą Macro high: $1,249
âą Major bottom formed near: $142
âą Current price stabilizing around: $190â$200
âą Daily momentum showing early recovery signals
âą Buyers stepping in near higher lows
After extreme corrections, markets typically enter an accumulation phase before expansion.
Key Levels to Watch:
đč Resistance: $205â$220
A confirmed breakout above this zone opens liquidity toward $250â$300.
đč Support: $170
Loss of this level could trigger another leg downward.
This is a decision zone.
High volatility assets that retrace 80%+ often create asymmetric opportunities â but only if structure shifts in favor of buyers.
The question is not whether it crashed.
The question is:
Is accumulation happening here?