$TAO Technical Analysis – Altseason AI Gem Update
#TAO has been one of the most bullish AI coins this cycle — pumping over 200% in just 2 months without any major pullback. But now, things are getting interesting.
Current Price Action:
▶️ Trading near strong resistance at $480
▶️ Holding steady above $400 support zone
▶️ A breakout above $500 could open the gates to $1,000 → $2,000+ in this bull run!
Retracement Watch:
▶️ After such a strong rally, a correction is likely
▶️ Expecting 0.5 Fib retracement → $284 (–35% drop)
▶️ In worst-case scenario: 0.618–0.786 Fib → $250–$230 (–50% drop)
Accumulation Zone:
$200–$250 is the golden pocket for high-reward entries. Best zone to accumulate before the next leg up.
Target Levels for This Bull Run: $500 → $1,000 → $1,500 → $2,000 → $3,000
Chart Invalidation: If price breaks below $200, this bullish outlook gets invalidated.
Stay patient. Big dips bring big opportunities.
