$TAO Update


TAO has shown remarkable resilience, steadily climbing into a high-confluence deciding zone at the $290–$300 area.
We have a textbook confluence of resistance here: A clear horizontal supply zone and a descending trendline acting as dynamic resistance.
This is where structure gets decided.
Bull case: A decisive break above both levels shifts the market structure and opens up $350, with $400+ as a continuation leg if momentum sustains.
Bear case: Rejection here confirms sellers are still defendin withlikely rotation back into the demand zone.
Watching this closely.
The reaction here will likely dictate the next short-term directional move for TAO
TAO1.28%
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