$TAO is showing strong bullish momentum following a clean breakout from a long-term descending resistance line, signaling a major structural shift in trend. This breakout is supported by a significant reclaim of the 50-day and 100-day EMAs, which have now begun to curl upward — a classic trend reversal signal.
The price is currently consolidating just below the critical horizontal resistance around the $600 zone. A confirmed breakout and retest of this level could pave the way for a much larger move, with the next major target sitting between $1,200–$1,800, aligning with the chart's projected path.
Historically, TAO has reacted strongly from the demand zone between $190–$250, which now acts as a solid macro support. As long as price remains above the previous downtrend line and holds above the EMAs, the bulls remain in control.
📌 Key Levels to Watch:
Resistance: $600 (break and hold = bullish continuation)
Support: $430 short-term, $250–$190 macro support
Targets: $1,000 and potentially $1,800 if volume supports
This breakout could be the early stages of a larger move. Keep it on your radar — TAO might just be warming up. 🔥
