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TAO — $260
TAO is sitting right at the EMA 200 at $275 and failing to hold it.
Closed at $260 with a -4.78% candle.
The $200–$240 demand zone below is the last line of defense before things get ugly.
That zone held multiple times earlier this year.
If BTC loses the trendline, TAO tests it again.
No long setup here until reclaim of $275 with volume.