$TAO is approaching a critical turning point after dropping 31% from its recent $340 peak. Price is testing the 0.618 Fibonacci level near $234, while $205–$220 remains the first major support zone. Bulls need to reclaim $275–$300 before challenging $350–$390. A confirmed breakout could put the $480–$525 zone back in sight, keeping the $500 target alive. However, losing $185 would weaken the recovery scenario. Can TAO turn this pullback into another major rally? #Macro Insights# #Altcoin Season#