🚀 $TAO Bouncing from Key Levels! Is This the Bottom?
➡️ TAO just bounced off major confluence support:
📍 0.786 Fibonacci retracement (pulled from April 30 low)
📍 VWAP
📍 Daily 50 EMA & 200 EMA
These are strong technical levels that could mark a potential bottom — but caution is still needed. 🔍
⚠️ We’ve already made a lower low, so bulls need to step in fast to prevent further downside. Remember, it's the weekend, so liquidity might be thinner and volatility could spike.
📈 A break above the resistance zone at 440–453 could open the door for a rally toward 500+.
📉 But a rejection from that zone could lead to another lower low.
📊 Stay sharp, manage your risk, and don’t FOMO. This could be a make-or-break level for TAO. 👀
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