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$TAO is trying to recover, but the chart still needs respect.
Price wicked down to $183 and bounced hard, which shows buyers finally stepped in. Still, the bigger trend is not fully flipped yet. For me, $220 is the first key level. A clean reclaim there can make this recovery look much healthier.
Analysis: bounce is decent, but confirmation comes above $220
Entry: $208 to $215
SL: $198
TP1: $220
TP2: $235
TP3: $255
Targets: $220, $235, $255
TAO looks better than it did a few candles ago, but this is still a “let it prove itself” setup. Above $220, the chart starts looking way more valid.
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