$TAO TAO is currently trading around $230–$240, bouncing at a key demand zone after recent sell-offs. �
Daily candles show volatility with buyers defending lower support, while resistance remains above. �
The chart reflects compression — often a sign that a strong move may be coming soon.
Short-term momentum is mixed, and breaking above nearby resistance could spark a relief rally.
But failing to hold support might drag TAO back toward deeper levels.
Scarcity from the recent halving is now a key factor traders are watching. �
Overall structure is neutral-to-slightly bullish unless broken below support.
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