$TAO Breakdown or Base Building? Decision Time Below $330!
TAO has plunged to $327.2, down over 4%, and flirting with its 24H low of $327. The bounce attempt is weak, and sellers still dominate—only a strong reclaim can flip the mood.
Key Technical Zones:
• Resistance Levels:
• $330.0 – Minor resistance
• $337.5 – Mid-reversal point
• $345.0 – Major supply zone
• Support to Watch:
• $327.0 – Immediate base
• Break below = $320.0 → $312.0 likely next
Trade Setup – High Risk, High Opportunity
• Bullish Case:
Reclaim above $330.0 could fuel upside:
• TP1: $337.5
• TP2: $345.0
• Bearish Case:
If price breaks $327.0 cleanly:
• TP1: $320.0
• TP2: $312.0
TAO is hanging by a thread. Without reclaiming $330+, it’s vulnerable to another sharp leg down. Watch for volume confirmation before entering either way.