$TAO is showing a short-term bullish channel setup, with price trading above the rising support trendline around 246 – 248. The chart is trying to bounce from the lower channel area, but momentum needs buyers to reclaim the 252 – 256 resistance zone.

Entry: 248 – 251

Targets: 256 ➜ 260 ➜ 265

Stop: 244

If price holds above the 246 – 248 support zone and keeps respecting the rising channel, buyers could push TAO back toward 256 first. A stronger breakout above the upper trendline may open the way toward 260 and then 265.