$TAO USDT Market Update

Current price moving around 270 to 280 zone with recent pullback after strong rally �

Market showed volatility with short term selling pressure after rapid upside move �

Binance +1

Phemex

#Trend

Short term trend weak bullish to neutral after correction

Mid trend still bullish supported by AI narrative and previous strong rally

#Support zones

Strong support 260

Next support 230 to 240

#Resistance zones

First resistance 300

Major resistance 350 to 400

#Volume

Volume decreasing after rally showing profit taking and cooling momentum #Market sentiment

Mixed with short term bearish pressure but overall bullish structure remains as TAO linked with AI sector growth �

Phemex +1

Trade setup

Entry zone

265 to 275

Take Profit

TP1 300

TP2 340

TP3 380

Stop Loss

Below 250

Conclusion

TAO USDT is in correction phase after strong pump if price holds above 260 then continuation toward 300 possible break below 250 can lead to deeper drop toward 230 zone but overall trend still favors upside in mid term

TAO
TAOUSDT
253.91
+3.35%