$TAO

TAO
TAO
219
-7.94%

$TAO saw a sharp rejection from the 255 zone followed by heavy selling, but price has now bounced strongly from the 226.8 support. This move looks like a short-term relief bounce inside a broader corrective structure. Key levels will decide continuation or rejection.

๐Ÿ”ด SHORT (Primary bias near resistance)

โ€ข Sell zone: 238 โ€“ 242

โ€ข TP1: 232

โ€ข TP2: 226

โ€ข SL: 246

๐ŸŸข LONG (Only on confirmation)

โ€ข Long above & hold: 242

โ€ข TP1: 248

โ€ข TP2: 255

โ€ข SL: 235

Momentum bounced from demand, but overall structure is still weak below 250. As long as TAO trades under the 242โ€“245 supply, rallies are likely to be sold. Clean reclaim above resistance is needed to flip bias bullish.