$TAO

This retest is doing exactly what a healthy breakout should do.

Price is recycling liquidity above the breakout level instead of giving the whole move back, which keeps bulls positioned for another push into the $380 overhead.

As long as that breakout level keeps holding, the chart remains healthy.

The 12EMA (blue) has been the trend support all the way from $180, so if price loses that and the breakout level together, that will be the first sign that the uptrend starts is exhausted.

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