$TAO Eyeing Recovery Toward $400+

$TAO is currently trading near $373.20, attempting to bounce after a recent pullback. The chart shows strong recovery moves in previous cycles, with rallies of 17%–25% after key support tests.

Trade Setup

Entry Zone: $365 – $375 on dips

Stop Loss: Below $355 to manage downside risk

Target 1: $390 – short-term resistance

Target 2: $405 – extended upside if momentum continues

Technical View

After rejecting the $445–$460 zone and dropping below previous support at $433, TAO found buying interest around $360. The current 12% rebound pattern suggests potential continuation toward $400+, provided the price holds above $365. A break below $355 could lead to a deeper retest of $340.