$TAO is currently trading near the $235–$238 resistance/rejection zone at around $236.32. The current structure looks interesting for a potential bearish reversal if sellers defend this area.
BUY: $229 – $232
SL: $244
TP1: $229
TP2: $220
TP3: $207
If the setup plays out and price confirms a break above $238, $TAO could have room to move toward the next resistance and target zones, weakening the bearish setup.
BUY: $229 – $232
SL: $244
TP1: $229
TP2: $220
TP3: $207
If the setup plays out and price confirms a break above $238, $TAO could have room to move toward the next resistance and target zones, weakening the bearish setup.
