$TAO /USDT Technical Analysis

Current Price: 340.70

24 Hour Range: 301.60 to 345.30

Key Levels

Resistance: 345.30 (today's high)

Next Resistance: 399.20

Support: 299.20 (from chart data)

Strong Support: 229.00 (as you correctly noted)

Trend Indicators

Price is above all key moving averages:

7-day average: 325.10

25-day average: 302.30

99-day average: 262.60

Trading Volume

24 Hour Volume: 183,649 TAO (58.86 million USD)

Current trading volume (33,548 TAO) is higher than the 5-day average (25,477 TAO)

Price Outlook

TAO is testing today's high of 345.30

A break above could lead to a move toward 399.20

If it falls below 299.20, watch the stronger 229.00 support level

Summary

TAO maintains bullish momentum above key moving averages

Volume shows healthy market participation

Critical support now adjusted to 229.00 per your correction

Do your own research before trading.