#TAO

TAO has reacted exactly as anticipated ✅️ facing strong rejection from the golden pocket resistance zone around the $480–$525 level, as previously highlighted in our analysis. This level acted as a key supply area, and the price briefly spiked before pulling back, an expected cooling-off after a sharp rally

However, today’s broader market sentiment has been buoyed by a major macroeconomic development

𝗕𝗥𝗘𝗔𝗞𝗜𝗡𝗚 : 🇺🇸 🇨🇳 The United States has temporarily reduced tariffs on Chinese goods from 145% to 30%, and China has responded by cutting its tariffs on US imports from 125% to 10%, both for a period of 90 days

This reciprocal easing of trade tensions has sparked optimism in global markets, which could provide continued bullish momentum. As always, it will be important to monitor how the markets react when the US trading session opens later today. Volatility may remain elevated, and the bullish sentiment could resume if broader indices and sentiment indicators stay strong