*#TAO** Market Analysis*
TAO/USDT shows a strong bullish structure with price holding above recent resistance turned support at 255.55. RSI above 70 signals overbought conditions but MACD remains bullish, supporting continuation. Price hugging the upper Bollinger Band confirms buying pressure.
Bull case: Hold above 255.55 to target 271.62 and beyond.
Bear case: Lose 250.05 and risk a pullback to 245.78 support.
Watch 255.55 for confirmation.
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