$TAO /USDT TECHNICAL ANALYSIS: STRONG BOUNCE FROM SUPPORT — FACES RESISTANCE AT $391.8
$TAO is currently trading at $387.5, up +4.19% in the last 24 hours. After rebounding from the $377.3 level, the token surged to a daily high of $391.8, but is now facing slight rejection near that zone.
📊 Key Technical Levels:
24H High: $391.8 – Immediate resistance
24H Low: $355.0 – Strong macro support
Volume: 67,009 TAO / 25.27M USDT
Short-Term Support: $383.0 – $379.8
Breakout Level: $392.0+
Market Outlook:
A clear break and hold above $392 could trigger a continuation move toward $400 – $410. However, failure to reclaim $391.8 could bring a pullback toward $383 – $379 for retest and consolidation.
Conclusion:
$TAO is gaining bullish momentum, but buyers need to overcome key resistance. Watch for volume confirmation above $392 for a breakout trade. Ideal scenario for active traders looking to catch a trend continuation or range play.
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