$TAO just flushed a massive $88.87K in long positions near $233.90, signaling heavy selling pressure as leveraged bulls get forced out.
📍 Support: $230.00
🚧 Resistance: $242.00
🎯 Next Target: $220.00
Holding $230 could trigger a rebound toward $242. But a clean breakdown below support may send $TAO toward $220.
💡 Pro Tip: Watch $230 closely. Strong buyer defense could stabilize the move, while a high-volume breakdown may accelerate the downside.
Manage risk and wait for confirmation.
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