$TAO - Price Analysis Update
Weekly View:
Market remains neutral, consolidating between two major levels:
$452 (flat Kijun)
$328 (flat Tenkan)
Daily Chart:
Potential cup & handle pattern forming📈
Bias: Bullish consolidation just below key resistances,expecting a bigger breakout ahead, but likely more rangebound price action in the short term (sideways days/weeks).
Levels to Monitor:
Local: $368 | $390 | $415 | $435 | $447 | $470
Major resistances above: $470 | $488 | $568 | $675 | $710+
💡Summary:
Bullish structure as long as $328 holds.
Consolidation phase between $328–$470 ==> awaiting breakout confirmation.
🎯Strategy:
Buy the dips and practice DCA (Dollar Cost Averaging) above the key supports mentioned. #dyor
Waiting patiently for a clean breakout signal for higher targets.
