TAO/USDT – Short-Term Market Update
$TAO is trading near 154 USDT after a prolonged bearish move, showing signs of short-term consolidation following the drop from the 170–175 zone. The overall market structure remains weak, with price still respecting lower highs and struggling to regain bullish momentum. Sellers remain in control while price stays below key resistance, and volume does not yet support a strong reversal.
Key Levels to Watch
Immediate support lies at 152–150, with a major demand zone at 145–143. A breakdown below this area could extend losses further. On the upside, 158–160 acts as the first resistance, followed by a stronger supply zone at 168–172. A sustained breakout above 160 may shift short-term bias to neutral, but until then, caution is advised and confirmation is key.
📌 Not financial advice. Trade with proper risk management.
Disclaimer: I am not your financial advisor.
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