$TAO is quietly doing something here that most people are completely missing.
We've been grinding up steadily from that 142 bottom and now we are sitting right at 206.9. It’s not a violent pump like we usually see in this space but it’s a very healthy staircase pattern.
The daily candles are showing higher lows and we just cleared a bit of a sticky resistance zone around 195. If the volume stays consistent we could see a push toward the 225 level next.
I like how it’s ignoring the noise and just trending. As long as we stay above 180 on the pullbacks the trend is still very much our friend.
I'm keeping a close eye on the 215 mark because that’s where the last rejection happened. If we flip that it’s clear skies for a bit.
TAO
257.3
+3.96%