$TAO is currently trading near $172, showing signs of short-term stabilization after a broader downtrend from the $240+ region. The 4H chart reveals a strong bounce from the $142.8 swing low, followed by a relief rally toward the $200 resistance zone. However, price is now consolidating below the $182–$185 supply area, indicating sellers are still active on higher levels.
The overall structure remains corrective unless
$TAO reclaims $185 with strong volume. Buyers are defending the $160–$165 demand zone, which is acting as short-term support. A breakdown below this region could reopen downside toward $150 and potentially retest $142.
📊 Key Levels to Watch
🟢 Immediate Support: $165
🟢 Major Support: $150 – $142
🔴 Immediate Resistance: $182
🔴 Major Resistance: $200 – $205
🚀 Trading Scenarios
Bullish Setup:
A strong 4H close above $185 could trigger momentum toward $200+.
Bearish Setup:
Failure to hold $160 may accelerate selling pressure toward $150.
⚠️ Volume confirmation is critical. Wait for structure shift before entering.
📌 Not financial advice. Trade with proper risk management.
Disclaimer: I am not your financial advisor.
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