đ $TAO Technical Analysis (4H)
$TAO is showing strong bullish momentum, climbing from the $172 demand zone to a recent high near $245, marking a steady and structured uptrend.
Unlike sudden pumps, this move developed through consistent higher highs and higher lows, supported by increasing trading volume â a sign of sustained buyer strength.
Currently, price is trading around $241, slightly below the recent high, suggesting short-term consolidation after the strong rally.
đ Key Levels To Watch
⢠Immediate Support: $230 â $225
Holding this area keeps the bullish trend healthy.
⢠Major Support: $210 â $200
A deeper pullback could test this strong demand zone.
⢠Resistance: $245
A breakout above this level could open the path toward $260 â $280.
đ Educational Insight
In trending markets, price often retests moving averages like MA7 or MA25 before continuing higher. These pullbacks can provide better entry opportunities compared to chasing extended moves.
â ď¸ Always apply proper risk management in volatile markets.