TAO / $USD – Update
Still patiently waiting for a real breakout before finally getting involved again. And yeah… I genuinely miss being in a TAO position, but forcing trades in this structure is how accounts bleed.
From a technical perspective, TAO is currently stuck in compression after a sharp impulsive sell-off. Price is building a tight range between major horizontal demand (~$232–235) and overhead supply around $248–250. This is classic post-distribution consolidation — volatility is contracting, wicks are getting absorbed, and liquidity is stacking on both sides.
Key observations:
Momentum has clearly slowed, suggesting seller exhaustion
Multiple failed breakdowns below ~$232 indicate strong buyers defending lows
However, every push into $248–250 keeps getting sold → structure is still range-bound
This means the edge is reaction-based, not prediction-based.
Trade idea (wait for confirmation):
Bullish breakout play
Buy: Acceptance above $250
Target 1: $265
Target 2: $285
Stop: $242
Bearish rejection play
Sell: Clear rejection from $248–250
Target 1: $235
Target 2: $220
Stop: $255
Until one of these levels breaks, patience is the trade. TAO will trend again — the only question is who gets trapped first.
What are you watching here — breakout or another fade? 👀
Follow for clean levels, real structure, and no forced trades.
