Same for $TAO ๐
Prices & trend remain pretty bearish at the moment.
Support could easely be breakโ ๏ธ๐
At the moment, the weekly support zone is holding at 212 - 210$. In case of weekly candle close below, this could lead to another major sell pressure! โ ๏ธ
The short term is bearish, we could see another test of the 200$ support zone or even lower!
Bulls must push above 240 & 260$ levels, otherwise, keeping a long or taking a long position feel very risky yet!
Hard to say when will be the bottom, but if you hope to see a reversal yet, it's surely a bad idea!
Please if you inteted to long it, wait for bull / buy volume reaction!