🚨 Technical Analysis for $TAO | 4 Hour Frame

🔹 Current Price: 217$

– The overall trend is still bearish with lower highs and lower lows.

– The price is currently trading below strong supply zones, and the current rebound is weak.

– Any rise is considered corrective as long as the price is below the main resistance areas.

– Momentum is still limited and needs confirmation before any reversal.

🔼 Positive Scenario (Rise):

In case of a breakout and stability above 230

🎯 245 – 260 – 280

🔽 Negative Scenario (Drop):

In case of breaking 205

❌ 195 – 180 – 165

📌 Note: The overall trend prefers selling from supply areas until a clear reversal signal appears.

⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.