$TAO Weekly wedge converging, waiting for a breakout confirmation with volume, hold patiently.

TAO-5.23%
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DanniéX
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%
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