I’m watching $TAO as the market continues to show strong bullish structure. After reclaiming the 250 demand zone, price delivered a sharp displacement move toward the 270 area. Instead of rejecting hard, the market is slowly absorbing resistance, which is usually a sign that buyers are preparing for another push higher.
The structure remains clean with higher highs and higher lows, while buyers continue defending the 260 support zone. When resistance gets absorbed like this, it often means sellers are running out of strength.
If the market gains sustained acceptance above 275, the next continuation move can target the liquidity zones around 300 – 325.
Trade Setup
Entry Zone:
262 – 274
Stop Loss:
248
Target Points:
TP1: 285
TP2: 300
TP3: 325
Why this setup works
I’m focusing on this setup because strong trends usually continue when key demand levels are reclaimed. The move above 250 confirmed buyer strength, and the current consolidation near resistance shows accumulation rather than rejection.