📉 $TAO Technical Breakdown – Decision Time at Key Support! 🔍

Multiple Bottoms, Rejections, and Now... a Pivotal Test

$TAO has been printing a volatile but structured range, offering both traps and opportunities. After a strong breakout past $365.7, bulls drove price up to $477.7, where momentum faded and a sharp rejection followed. The pullback formed yet another double bottom, this time near $346.6, sparking a bounce back to $443.3 — but resistance held firm.

Now, price is once again hovering at a critical support zone, and the next move could be make or break.

📍 Key Technical Zones:

🔹 Major Support: $346 – $365 → historical demand zone where buyers have stepped in twice

🔸 Immediate Resistance: $377 – $385

🔸 Breakout Barrier: $443+, then eyes on $477.7 and $500

⚠️ Watch These Scenarios:

• Break Below $346: Signals structural weakness, opens doors to a deeper retrace

• Strong Bounce from Support: Could fuel a bullish recovery toward $443 and higher