$TAO is currently showing signs of short-term bearish pressure after failing to hold above the $300 resistance zone. Recent candles indicate that sellers are gaining momentum as price moves back toward key support levels around $250–$240.
Despite the pullback, the bigger picture still remains interesting. $TAO continues to trade well above its previous major lows, meaning the long-term structure has not completely broken yet. If buyers manage to reclaim the $300 level, bullish momentum could quickly return and push the market toward higher resistance zones.
TAO
268.8
-2.18%
For now, traders are closely watching whether $TAO can hold support or if a deeper correction is about to begin. The next few daily candles could decide the direction of the next major move.