TAOUSDT
On the four-hour timeframe, after a strong upward wave, the price entered a clear correction phase and broke the nearby bottom, causing a short-term structural change and causing momentum to lean towards weakness. The recent drop reached an important demand area, and we saw a rebound from it, but the price is still below the nearby supply areas and there are price gaps above it. Technically, the current movement could be a rebound within a correction as long as there is no clear recovery of the broken positive levels, which remains limited. However, stability above the demand area reduces pressure and allows for fluctuation or an attempt to rise later. At this stage, it is best to wait and monitor the interaction with the current areas without rushing.
