📊 Weekly Analysis of Currency $TAO
The price of $TAO has been trading within a clearly defined downward channel, which has now been broken upward, indicating the end of the correction phase and the potential transition to a bullish structure.
A clear double bottom pattern is visible, with the price attempting to break the neckline - a traditional bullish reversal pattern that enhances the likelihood of the breakout.
🎯 Target Areas:
First Target: 704.2
Second Target: 1,056.5