🤔 On the chart #TAO (4H)

An analysis using elements of smart-money concepts (Break of Structure, CHoCH, EQH/Equal Highs, Demand Zones) is presented. Here is a brief overview:

Current Situation:

- Price has reached a level around $468, testing the Weak High.

- Three key demand areas from which a bounce is possible are marked: ~$445-460, ~$420, ~$375-380

➡️ Bullish scenario: holding the area of $445-460 with further accumulation and upward breakout - continuation of the uptrend.

➡️ Correction: pullback to the area of 420$, accumulation and growth - positive signal. Breakdown below $340 and consolidation under the “Strong Low” will lead to a decline to $280-300.

✅ The key levels for support are $445, $420, and $375. While the structure keeps the signs of a bullish trend, but weakness above $480 and consolidation below $340 will open the way to a deep fall.