$TAO printing a clean 1-2 structure on the 1h. wave i topped near 2.7b mcap then pulled back into the 2.4b zone before finding bids.
rn price is holding above that support, which keeps the bullish structure intact. If buyers defend this zone, the next leg could send it back toward 2.9b mcap where the range highs sit, with room to stretch further if momentum picks up.
A clean break under 2.4b flips this bearish and opens more room down toward the range lows.
structure still favors upside here, just need the reclaim to hold.
rn price is holding above that support, which keeps the bullish structure intact. If buyers defend this zone, the next leg could send it back toward 2.9b mcap where the range highs sit, with room to stretch further if momentum picks up.
A clean break under 2.4b flips this bearish and opens more room down toward the range lows.
structure still favors upside here, just need the reclaim to hold.
