$TAO is one of the few coins right now that’s actually pulled back, which can look like short-term weakness.
That said, if price manages to reclaim the $280 level, it would also mean reclaiming the daily trend. On top of that, the daily RSI is sitting low and the MACD is more or less neutral.
If we do get a breakout from here, there’s room for a strong upside move.
That’s why I’m watching it closely for a proper trend reversal. A clean reclaim of $280 is where I’d start considering sizing up, as it could open the door for a more aggressive short-term play.