🚨 $TAO – Eyes Were on $400, But the Rejection Was Brutal!

Current Structure: Volatile and Testing Key Levels

📉 Market Snapshot:

$TAO showed real strength with a textbook double-bottom around the $346.6–$365.7 demand zone, fueling a sharp rally to $392.8. But bulls ran into a wall just shy of the critical lower high at $443.3 — and rejection came in fast and heavy.

🧠 Price Structure Insight:

Support Range: $346.6 – $365.7 → Strong base formed here

Local High: $392.8 → Recent rejection zone

Major Resistance: $443.3 → Bearish breaker from last downtrend

Immediate Pressure: Bears defending $400 psychological level

🔍 What’s Next?

The rejection below $400 signals caution, but the double-bottom remains valid unless the $346.6 zone fails. If price consolidates above $370–$380 with volume, a second push toward $400+ is on the table.

📌 Key Levels to Watch:

Breakout Zone: $393 – $395 → Needs a strong reclaim

Bullish Continuation Target: $420 – $443.3

Invalidation Zone: Below $346 → Structure breakdown risk