$TAO has consistently shown an ability to produce strong impulsive moves from key high-timeframe support levels. That said, the broader picture remains unchanged: the weekly market structure is still bearish, with a series of lower highs in place since December 2024.

From a trading perspective, this remains an attractive asset for short-term opportunities, particularly when entries can be secured around major HTF support zones.
For a meaningful shift in market structure to the upside, I would be looking for a break above the current lower high around 539. Until then, there is still significant technical work required before a bullish trend reversal can be confirmed.
Longer term, I believe $TAO has the potential to trade into four-figure territory, provided broader crypto market sentiment and overall market structure continue to improve.