I've been keeping an eye on $TAO and the weekly chart is starting to look really interesting.


Price is still trading inside a large weekly wedge, with volatility continuing to tighten. These kinds of structures don't last forever, and they often lead to a strong move once the range finally breaks.
I wouldn't be surprised to see a bit more consolidation near support first, but as long as the structure stays intact, it still looks like an accumulation phase to me.
The level I'm watching is the upper trendline. A confirmed weekly breakout above it could shift momentum quickly and put the previous highs back on the table.
For now, I'm staying patient and waiting for confirmation instead of trying to predict the exact bottom.
Not financial advice. Always manage your risk.

#GUSDYieldRisesto3.8%
TAO-1.04%
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CryptoSelf
· 36m ago
waooowww good Analysis 😍
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DeepSeaColdStart
· 51m ago
Entering now is just gambling on the direction. Waiting for confirmation is slower, but you can sleep well.
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GateUser-4bd1cc87
· 1h ago
This kind of low-volume consolidation is the worst—it either pumps hard or dumps hard, no in-between.
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ForkItAnyway
· 1h ago
Once the upper trendline is broken through with volume, bears have to change their strategy overnight.
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Semi-MatureGovernanceVote
· 1h ago
#GUSDYieldRisesto3.8% It's interesting to see this hashtag together with the main text. Funds are seeking certainty.
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