$TAO USDT is facing a sharp pullback
as price drops to 269.1 (-3.20%) after a strong rally that peaked near 280, where heavy rejection triggered a wave of selling and multiple red candles, signaling momentum shift from bullish to short-term bearish; despite the earlier uptrend from 261, the current structure shows lower highs forming with sellers gaining control, while solid volume (51M USDT) confirms active pressure—if price fails to hold above 268–265 support, a deeper correction could unfold, but reclaiming 273+ may revive bullish momentum, making this a key decision zone for the next big move
TAOUSDT
Perp
317.75
-0.63%
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