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$TAO Consolidation Watch
$TAO continues to hold above its recent support zone following a strong upward move, with price remaining range-bound and volatility gradually contracting.
Key Levels:
• Resistance: $0.004372
• Support: $0.004156-$0.004128
• Major Support: $0.004025
The current structure remains intact as long as support levels continue to hold. A breakout above $0.004372 would shift focus toward the $0.004500-$0.004600 area, while a loss of $0.004025 would weaken the current setup and suggest further consolidation.
Price compression often precedes expansion. The next move may determine the short-term direction.
What are you watching first: breakout or breakdown?
#TAO #Bittensor #Crypto #Ai #altcoins.