$TAO
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I'm watching $TAO closely as it flirts with a weak high — potential resistance forming here.
After a strong bounce from the key demand zone around $228, bulls took control, driving price upward with impressive momentum. But now, signs of hesitation are creeping in near this reaction zone.
Support: $228
Resistance: $264–$268 (short-term sellers may step in here)
Tip 1: If you're already long from the $228 area, this could be a smart zone to secure partial profits.
Tip 2: Bears might look for a rejection candle or a failed breakout around $268 to consider a short entry.
Tip 3: If price consolidates above $268 with volume, next upside target could extend toward $285.
Next move: I'm leaning towards a short-term pullback, unless $TAO flips $268 into strong support. Stay nimble and keep your risk tight.
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