$TAO ๐๐๐๐ ๐๐ซ๐ข๐๐ ๐๐๐ญ๐ข๐จ๐ง: ๐๐จ๐ญ๐๐ง๐ญ๐ข๐๐ฅ ๐๐ซ๐๐๐ค๐๐จ๐ฐ๐ง ๐จ๐ซ ๐๐๐ฏ๐๐ซ๐ฌ๐๐ฅ?
$TAO has seen a sharp decline, dropping by 5.82% to a current price of 168.3. The price is testing crucial support around 165.1, and a breakdown below this level could lead to further bearish momentum, targeting 159.3 and 142.8. However, if the price holds above support, there could be a potential reversal back toward the recent highs, with resistance at 179.0. A break above this resistance could signal a bullish continuation, with price targets at 188.2 and 222.4.
Action Plan: Watch for price action around 165.1 to confirm direction. If it holds support, consider a long entry; if it breaks, short towards 159.3.
