$TAO just pulled back after tapping the $300 zone, but the structure still looks strong. Price is currently holding around $270, and more importantly, it’s still trading above key EMAs — which means the bullish trend hasn’t been broken.
This kind of move is typical after a strong rally. Markets don’t go straight up — they pause, shake out weak hands, and then decide the next direction.
Right now, this looks like a consolidation phase rather than a reversal.
What to watch:
Support: $260 → $250
Resistance: $290 → $300
If TAO holds above the $260 zone, a continuation toward $290–$300 is very possible in the short term. A clean breakout above $300 could trigger another impulsive move.
Momentum indicators are cooling off, which is actually healthy after such a run. It gives the market room for another push.
As long as structure holds, bulls are still in control.
Are you expecting a breakout or deeper pullback here?