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I’m also watching $TAO
That drop from $242.85 was aggressive, and although price bounced from $224.10, the 1H structure still looks heavy. $TAO is now consolidating around $229.6, but buyers haven’t really taken control back yet.
Entry: $229.5–$231.0
Targets:
TP1: $227.8
TP2: $225.5
TP3: $224.1
SL: Above $233.5
For me, $233.5 is the key invalidation. Stay below it and the bounce still looks like a relief move. If sellers step back in around $230–$231, another test of the lows could come quickly.
#GateLaunchesJapaneseStockTrading #U.S.StrikesIranBTCDips #GateEventContractTradeSharingChallenge