Most people sold $TAO at $140 and called it dead.

The chart just proved them wrong.
On May 3 I told you the $288 Fibonacci level was the one to watch.
I said a daily close above it would bring a completely different buyer profile into this trade.
Price: $298.6
200 Day MA: $268.0
That close happened.
Here is what the chart is now confirming.
Three months of consolidation between $232 and $288.
Textbook Fibonacci base built at the 0.618 retracement of the entire prior bull cycle.
200 MA reclaimed and now acting as a rising floor below the price.
Not overhead resistance anymore, a floor.
That structural shift is what most people are missing.
The indicators are aligned.
MACD crossed bullish on the daily. Histogram expanding.
RSI at 60.76. Room to run before overbought.
Volume on the breakout candle: 66,090 TAO.
Meaningfully above the consolidation average.
Volume confirming a breakout is the difference between a real move and a fakeout.
This one has volume behind it.
The measured target has not changed.
$348.7 is the 0.618 retracement from the $143 to $377 full swing.
That is a 17% move from the current price.
$272 is the last level the bulls cannot lose on a daily close.
The people still waiting for confirmation at $340 will tell you they knew all along.
You are reading this at $298.
Screenshot this.