**📊 $TAO (4H) – Smart Money Analysis** $TAO
Using key **Smart Money Concepts** (*Break of Structure, CHoCH, EQH, Demand Zones*), here’s the breakdown:
### **Current Situation**
- Price testing **weak high** near **$468**
- **Key Demand Zones** for potential bounces:
- **$445-$460** (Primary support)
- **$420** (Mid-level accumulation)
- **$375-$380** (Strongest base)
### **Scenarios**
✅ **Bullish Continuation**
- Holds **$445-$460**, breaks **$480+** → **Uptrend resumes**
- Pullback to **$420**, consolidates & bounces → **Bullish confirmation**
⚠️ **Bearish Risk**
- Loses **$375-$380** → Targets **$340** (Strong Low)
- Breaks & closes below **$340** → **Deeper correction to $280-$300**
### **Key Levels**
- **Support:** $445 → $420 → $375
- **Resistance:** $468 (Weak High) → $480+ (Breakout confirmation)
**Current Price:** **$418.2 (-5.53%)** – Watch for reactions at demand zones!
**🔍 Trade Plan:**
- **Longs:** Only if $445-$460 holds with bullish structure.
- **Shorts:** Below $375 with confirmation.
**Stay disciplined & trade the zones!**