$TAO Rebounds from Former Base Is a 17% Upswing on the Horizon?

$TAO 4H Chart shows signs of stabilization after a steep correction...

The asset has recently experienced multiple notable surges 25%, 18%, and 16% from pivotal demand zones. After topping out around $460.7, TAO entered a pullback phase and is now reacting to the $340–$345 region an earlier breakout structure.

Currently priced at $338.6, TAO is eyeing a potential 16.78% recovery, with immediate friction expected between $380–$390. If bulls manage to clear that range, price could revisit the $400+ territory.

🔍 Levels in Focus:

Demand Area: $340–$345 (prior breakout point)

Supply Zones: $380 (initial hurdle), $433–$445 (major resistance)

Short-Term Objective: $405 (if recovery plays out)

📈 Summary:

TAO is attempting to regain upward traction after retesting an important support level. Sustained strength above $360 may fuel a move toward $390+. But slipping below $340 could invite further downside. Watch how volume and candle setups evolve near resistance.