📊 TAO/USDT Weekly Technical Analysis
TAO was trading within a clearly defined falling channel, which has now been broken to the upside. This indicates the end of the corrective phase and suggests a potential shift to a bullish structure.
A visible Double Bottom formation can be seen, with the price attempting to break the neckline. This classic bullish reversal pattern reinforces the breakout narrative.
🎯 Target Zones:
First target: 704.2
Second target: 1,056.5