$TAO faced a heavy long liquidation around 200, showing aggressive buyers got trapped at a psychological level. This kind of wipeout often brings sharp volatility and resets the trend short term. Immediate resistance is now sitting near 210–215, where sellers may defend again. On the downside, support is forming around 185, with a stronger demand zone near 175. If TAO holds above 185, a bounce toward 215+ is still in play, but losing this level could push price quickly toward 170. Upside target remains 215–230, while downside risk opens below 175. Suggested stoploss below 170 to manage risk.
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