$TAO Short Liquidation: $11.216K at $257.08
Buy Zone: $250 – $254.50
Targets: $262.80 and $271.40
Stop Loss: $246
Analysis:
Over $11K in short positions just got liquidated at $257.08, showing clear bullish dominance in $TAO. This aggressive squeeze reflects growing buyer confidence and a potential breakout in play. If momentum sustains above $256, we could see rapid moves toward $270+, especially with traders rushing to cover shorts. The $250–$254.50 range is now a key demand zone—ideal for strategic entries. With Bitcoin holding steady and altcoin sentiment strengthening, $TAO may outperform in the short term. Keep risk tight, but upside potential looks promising if bulls defend key levels.
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