$TAO AI leader still has a chance
1. Overall Trend Judgment (Core)
Current price $209.0. The price has returned to this “critical” historical bottom area. A few months ago, when the price fell to this level, it triggered a strong rebound (V rebound to $600), so this is the absolute defense line for the bulls.
TAO is currently at a critical point. If it can stop falling around $200, it will continue the large box oscillation pattern; if it effectively breaks down, it will form a huge top pattern (M top or rounded top), and the market may be halved in the future.
2. Key Levels
Resistance Level (Selling Pressure Area):
Short Resistance: $280 - $300. Recent rebound resistance during the decline, also the lower position of the box's middle axis. If it rebounds here, short-term profit-taking will occur.
Strong Resistance: $450 - $500. An obvious downward continuation platform and previous high area. This is the confirmation point for the reversal of the medium-term trend, and it will be difficult to surpass in the short term.
Support Level (Defense Area):
Lifeline: $200 - $210. The current operating area, also a historical iron bottom verified many times. There is a long lower shadow piercing here but quickly recovering, indicating that institutional funds are defending the market.
Extreme Bottom: $160 - $170. The lowest point of extreme pinning. If $200 is lost, panic selling will directly point to this abyss.
3. Trading Volume Signals
Signal: Decreasing volume during the decline, support level holding relatively well.
The current trading volume has significantly shrunk compared to when it was at a high. Notably, whenever the price approaches $200, there hasn't been panic selling with high volume; instead, there is some buying support.
Interpretation: Stalemate between bulls and bears. Selling pressure is decreasing, but buying pressure is also waiting, the market is waiting for a direction choice.
4. Operational Strategy
Holders: Last defense.
TAO is the leading stock in the AI sector, with a good fundamental outlook.
It is advisable to steadfastly hold $200. As long as the daily closing does not fall below $190, hold firmly, aiming for an oversold rebound at the bottom of the box (target $300).
Non-holders: Preferred left-side speculation.
Strategy: Around $200 is an excellent entry point for “risk-reward ratio.”
Buy: Build positions in batches, set stop loss at $185.
Logic: Take a risk of $15 to aim for a rebound space of $100+, and the AI track may explode at any time.
5. Summary
TAO is undergoing a “bottom line test,” where the opportunity exceeds the risk, but strict stop losses are required!