$TAO /USDT — From Strength to Shakeout, Now the Real Test

Community, TAO just showed a classic shift — from controlled bullish structure into a sharp intraday correction. This is where weak hands exit and positioning resets.

Price Action Insight

Clean push into 255 rejected with authority. Lower highs formed, followed by a steady sell-off into 243.5 support. Current bounce is reactive, not confirmed strength yet.

Key Levels

Support: 243.5 – 242.8

Mid Zone: 245.0 – 246.5

Resistance: 248.5 – 250.5

Trade Structure

Recovery Play

If price stabilizes above 245 and builds structure

TP1: 248.5

TP2: 251.0

SL: Below 243.0

Breakdown Risk

Loss of 243.5

Next zone: 240.0 – 238.5

Aggressive Entry

Only above 250 reclaim with strong volume

Targets: 255 retest

Market Read

This is not trend continuation yet — this is a reset phase. The next move depends on how price behaves around 245, not where it came from.

Stay patient. Let the market prove direction before committing.

TAO
TAO
249.4
-0.28%