$TAO is sitting at a decision point around 228.



Price has been printing lower highs from the 248–250 rejection, while 224–228 is the key demand zone holding the current structure.

➟ Bullish: reclaim 232–236 → momentum can open toward 240–244, then 248–250.

➟ Bearish: lose 224 decisively → 220 becomes the first downside magnet, with 216 below.

The setup is simple: 228–224 is the line in the sand.

I’m watching the reaction here, not chasing the candle.

$TAO #TAO #Crypto
TAO-2.69%
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MempoolSparrow
· an hour ago
I don’t care much about a single candlestick; I’m just watching the 228–224 defense zone. If it holds, there’s still hope for another move higher. Once the daily candle closes below it, reaching 216 or even lower will only be a matter of time.
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AntiPhishSentry
· an hour ago
The 228 level is crucial; there’s only a chance if it holds.
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MultisigAdvisor
· an hour ago
Once 224 breaks, 220 will be paper-thin.
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VaultNightwatch
· an hour ago
Don’t rush to chase at this level; wait for it to show its hand first. Consider going long after reclaiming 232, and go short with the trend if 224 breaks.
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ReserveAlchemist
· an hour ago
Making consecutive lows since falling from 248 indicates that selling pressure has not been fully absorbed. However, if the 224-228 range can hold, there is still a chance of a rebound above 240 after consolidation. The key is whether trading volume cooperates.
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