$TAO Eyeing a 17% Rebound Toward Resistance
$TAO previously showed strong bullish moves with back-to-back rallies of 25.5% and 18.6%, pushing price up to 460.7.
After peaking, the price slid from 433.1, breaking below the previous support, which turned into resistance.
The market formed a bottom around $340 and is now attempting a pullback.
Current price is $342.5, and if strength continues, there is room for a 17.2% move up, targeting the $400–$405 resistance zone.
The key to continuation will be a clean breakout and retest above the current range.