#TAOUSDT – No trading zone, wait for the direction
On the H3 timeframe, the price of stock $TAO oscillates within a rectangular range, where the support level is between $182 and $185, and the resistance level is between $201 and $204. This pattern usually continues in the previous direction, which is a downward trend for stock $TAO .
The price is currently trading in an average range, which is a clear gray area.
Short selling risks decrease if the support level is broken or approached near the resistance level.
TAOUSDT
Perp
154.01
+2.34%