⚠️ Coin $TAO breaks the support area and continues in a downward trend
• Technical direction: breaks the rising support line and the red pivot zone, then retests it as resistance (R)
• Monitoring zone: 194. broken area and turning into resistance R)
🎯 Price targets:
• Target 1: 190.8
• Target 2: 189.7
• Target 3: 188.7
❌ Invalidate the scenario: a 4-hour candle close above 196.5
💡 Technical rationale: the coin broke the lower green support line and the central red pivot zone with a sharp bearish move and a strong bearish candle. The chart shows clear bearish control (Regime: Bear Trend, Bias: Strong Bear 57%, Momentum: Falling ↓).
• Technical direction: breaks the rising support line and the red pivot zone, then retests it as resistance (R)
• Monitoring zone: 194. broken area and turning into resistance R)
🎯 Price targets:
• Target 1: 190.8
• Target 2: 189.7
• Target 3: 188.7
❌ Invalidate the scenario: a 4-hour candle close above 196.5
💡 Technical rationale: the coin broke the lower green support line and the central red pivot zone with a sharp bearish move and a strong bearish candle. The chart shows clear bearish control (Regime: Bear Trend, Bias: Strong Bear 57%, Momentum: Falling ↓).
