🛡️ Four times this week they have tried to break the floor at $TAO . Four times they failed. The logs:
• Wednesday: sweep at 187.9 → recovered
• Thursday: test at 189.6 → recovered
• Saturday-Sunday: trip to 200 and back
• This early morning: sweep at 192.9 → recovered to 194 [update]
And the piece of data that caught my attention the most: last night’s sweep happened WHILE Bitcoin was visiting $63,100. TAO’s floor held up with macro artillery piling on it. That’s what relative strength is — and it’s one of the signals that professional traders weigh more than any indicator.
The map: the lifeline is 192 (losing it activates the magnet at 183). Above, the doors are 195-196 first, the tolls 198-200 next, and the range ceiling at 201.4. Wide range, Fed week: territory for the patient.
Transparency, as always: I have an open long from 194.2 with a stop at 192 — risk defined before entering, written thesis: the bottom of the range with four defenses on top. If 192 breaks, I lose what I planned and the thesis dies. That’s how an opinion is backed.
Does the fourth defense make it alive to the Fed? 👇
#bittensor #AnĂĄlisisDeMercado #Write2Earn
⚠️ Not financial advice. Leveraged futures are extremely high risk. DYOR.