$TAO remains in a bearish descending channel, and price is consolidating under resistance after the last selloff. Momentum is still capped as long as we stay below the channel top.
$TAO Hold 160–165. Possible bounce toward 175–185 (channel resistance). Lose 160–165. Next support is 150, and a deeper continuation toward the prior wick low stays on the table.
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TAO
149.6
+2.74%