📊 TAO / USDT — 1D
$TAO is trading around 235.4, and the chart is showing a clear shift in structure after breaking out of the descending trendline. Price has pushed into the first supply zone and broke above the resistance with strong momentum.
Right now, I’m waiting for a proper retest into the $204.2 zone — that’s the area I’ll be watching closely for confirmation. I want to see bullish candles or clear bullish patterns form there before looking for continuation.
Key Levels
235.4 — current price
204.2 — retest zone / area of interest
279.3 — resistance / target
Market Structure
The breakout shows strength, but a clean retest into 204.2 would provide a more reliable setup for buyers. As long as that zone holds, the bullish structure remains intact.
Outlook
If price pulls back into 204.2 and reacts with strength, I’ll be looking for continuation toward 279.3. That remains the next major level on the chart.