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$TAO Holding the Line Eyes on a Breakout Above $258❗$TAO is currently trading at $253.2, up 0.56% in the past 24 hours. The pair has moved between a high of $258.1 and a low of $246.3, showing a relatively tight but active range.



Key Levels to Watch
Resistance: The immediate resistance stands at $258.1. A successful breakout above this level could spark momentum toward the $265–$270 range.
Support: Strong support has formed at $246.3. If this level breaks, it may trigger a retest of the $240 zone.

Order Book Insights
Bid Orders: 55.98%
Ask Orders: 44.02%
The buying interest currently outweighs selling pressure, hinting at a potential upward move if this demand sustains.

Trade Outlook
Bullish Scenario: If price holds above $253 and pushes through $258.1, momentum could build quickly, especially on strong volume.

Bearish Scenario: A drop below $246.3 may weaken sentiment, with further downside risk toward $240.

TAO/USDT appears to be stabilizing after its recent volatility, and traders should watch closely for a volume-backed breakout or breakdown to confirm the next move.