📉 $TAO /USDT – SHARP RETRACEMENT NEAR KEY DEMAND ZONE

$TAO /USDT is currently priced at $353.6, down -7.77%, after rejecting from the 24h high of $391.8 and dipping close to the 24h low of $346.9. With $50.86M USDT in volume, the pullback is notable but not panic-inducing.

📌 Immediate Support Zone: $346–$350 (watch for bounce signals)

📌 Resistance to Watch: $365, then $384

📌 Short-Term Bias: Bearish until reclaim of $364+

🔻 Breakdown Risk: Sustained move below $346 could trigger retest of $330–$340 range

⚠️ TRADE IDEA (Scalp or Swing):

Entry (aggressive): $350–$354

TP1: $365

TP2: $378

SL: $344

📊 Note: TAO often sees volatile swings. Wait for a clear reversal candle (15m–1h) + rising volume before entering.

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