🔍 $TAO Building Support – Eyes on Reversal Signal $TAO is currently trading at $262.5, showing signs of stabilization after a corrective phase. Buyers are stepping in around key support, and momentum indicators are hinting at a potential trend reversal. 📉➡️📈
📌 Market Overview:
Current Price: $262.5
Support Zone: $255 – $260
Resistance Zone: $272 – $280
Trend: Weakening bearish with bullish signs
Volume: Gradually increasing on dips
📡 Signal: Watching for Bounce Confirmation Above $265
If TAO holds and pushes above $265, we may see a short-term rally. A higher low formation is in play, which could trigger bullish continuation. 📈📊
🎯 Trade Setup Idea:
Entry Range: $260 – $263
Target 1: $272
Target 2: $286
Stop Loss: $254
💡 Why TAO is Worth Watching:
✅ Near strong support zone
✅ RSI recovering from oversold
✅ Ideal range for risk-managed entry
Conclusion:
TAO at $262.5 could be near the end of its correction. If volume supports a move past $265, bulls may retake control. This is a key level to monitor closely. 📍
