$TAO – Eyeing the Next Breakout
$TAO is trading near $373, testing a key short-term resistance after rallying 12% from the $350 support zone. This bounce follows a sharp pullback from the $433 level earlier.
Trade Setup
Entry Zone: $388 – $395 on small pullbacks
Stop Loss: Below $380 to limit downside risk
Target 1: $410 – first resistance
Target 2: $430 – potential retest of the August high if momentum stays strong
Technical View
The chart shows TAO recovering from its breakdown under $433, forming higher lows and reclaiming lost ground. A clean breakout above $400–$410 with strong volume could open the door to $430–$445. On the flip side, a rejection here may send price back toward the $360–$350 demand zone before another upside push.