$TAO is currently trading around $176.8, showing short-term weakness after failing to sustain momentum above the $190–$195 resistance zone. On the 4H timeframe, price structure remains corrective within a broader downtrend, with lower highs forming since the rejection near $210. The recent bounce from the $142.8 swing low confirms strong demand at that level, but buyers are struggling to reclaim the key supply zone near $192. Volume profile suggests fading bullish momentum, indicating that a decisive breakout is needed for trend continuation.
📊 Key Levels to Watch
Immediate Resistance: $190 – $195
Major Resistance: $210
Immediate Support: $170
Strong Support: $156
Major Demand Zone: $142 – $145
If
$TAO holds above $170 and reclaims $190 with strong volume confirmation, we could see a bullish expansion toward $210 and potentially $225. However, a breakdown below $170 increases the probability of a retest of $156, and failure there may open the path toward the major demand at $142.
📈 Trading Scenarios
Bullish Setup:
Entry above $192 breakout
Targets: $210 → $225
Stop-loss: Below $178
Bearish Setup:
Rejection from $190–$195 zone
Targets: $170 → $156
Stop-loss: Above $198
Momentum indicators suggest consolidation before the next impulsive move. Traders should watch for volume spikes and strong 4H candle closes for confirmation.
📌 Not financial advice. Trade with proper risk management.
Disclaimer: I am not your financial advisor.
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