$TAO At a decision point.


The price rose from $160 to $380 over two weeks.
Now it has returned to $251.
Below the 200-day moving average at $280.73.
Here's what this chart actually shows:
The March rally was explosive. Volume confirmed that.
But the rejection in April at $380 was equally violent.
Every attempt to reclaim $280 has failed.
This level is not just resistance.
It’s the dividing line between a bullish correction and a changing trend.
Two scenarios from here:
1) $280 reclaimed it with trading volume. $TAO re-enters price discovery. The AI token narrative is renewed.
2) $240 lost support. The March rally is fully retraced. The next key support is $160.
The 200-day moving average does not lie.
$TAO jumped through it in March without looking back.
Now it must prove it belongs above it.
Watch $280. Not AI headlines. Not the subnetwork noise.
This level.
This is not financial advice. It’s financial intelligence. Always do your own research#WCTCTradingChallengeShare8MUSDT $GT
GT4,74%
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