$TAO /USDT is showing strong momentum on the 15m chart after a powerful move of +14.72%. Price is currently trading around 273.5, close to the key resistance zone near the 24h high of 282.1.
The chart still looks bullish as price is holding above the major MA(99) at 260.5, which shows the broader short-term trend is still strong. However, price is now fighting around the MA(25) 273.9, so this area is important for the next move.
For bulls, a clean breakout above 274–276 can open the way toward 282.1 and possibly higher if volume supports the move. But if price fails to hold this zone, we may see a retest toward 271.8, then 264.7.
TAO
261.6
-1.28%
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