$TAO remains a long watch for me as the price recovered a recent low and the current candle closed strongly above its midpoint. We are seeing some bullish momentum on the short-term chart, which is interesting considering the broader daily view is just neutral. For this idea to solidify, we need a clean move past the immediate resistance level, but keeping above the established floor provides some downside defense.

TAOUSDT | LONG
Entry 201.36 - 201.88
Invalidation 200.61
Targets 202.63 / 203.43 / 204.44

#TAO #MarketAnalysis