$TAO – Keeping It Simple
Price is pulling back directly into a strong higher-timeframe support zone — one that has been respected consistently for nearly a year. This is the same area where TAO has historically built a base, re-accumulated, and launched higher.
The upcoming halving is a major factor behind the current weakness. Markets often price in uncertainty ahead of such events, then normalize afterward.
Once the halving passes, $TAO could easily shift back into a classic buy-the-dip opportunity.
The higher-timeframe structure remains intact.
Support is untouched.
This is typical behavior before major supply shocks.
Patience > Panic.
TAO
292.1
+1.28%