$TAO Price Action & Key Levels 🔍📉
TAOUSDT
Perp
149.6
+1.90%
$TAO is still trading within a bearish descending channel, and price is currently consolidating below resistance after the latest selloff.
Momentum remains capped buyers need proof before any real reversal.
🔑 Critical zone: 160–165
🟢 Above 160–165
• Structure allows a short-term relief bounce
• Upside targets: 175–185 (channel resistance)
🔴 Below 160–165
• Weakness increases
• Next support: 150
• A deeper move toward the prior wick low remains possible if selling pressure expands
⏳ Market is at a decision point. This is a wait-for-confirmation setup, not a chase.
💬 Are you expecting a bounce from 160–165 or continuation lower?
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