$TAO TAO After this move, it’s clearly unable to push higher anymore. Now it’s just grinding back and forth in the high range.
Focus on the pressure around 243–244 above. 228 below is a very key level.
Whether the market can keep strengthening depends on whether 228 can hold up. If it holds, there’s still a chance to push toward the previous high again. If it directly breaks down through, then in the short term this strong momentum will be gone and it will enter a pullback phase. After a big rally, don’t just chase upward immediately—wait for the market to pull back and then reassess.
Focus on the pressure around 243–244 above. 228 below is a very key level.
Whether the market can keep strengthening depends on whether 228 can hold up. If it holds, there’s still a chance to push toward the previous high again. If it directly breaks down through, then in the short term this strong momentum will be gone and it will enter a pullback phase. After a big rally, don’t just chase upward immediately—wait for the market to pull back and then reassess.
