$TAO 📉 TAO/USDT seems ready for a retracement.
As in the previous analysis of $PUMP, the retracement could be short-lived due to buying pressure. The price failed to react properly during the second test of the zone, suggesting a new test.
⚠️ Confirmation will be important: if we clearly observe buying strength in the former supply zone, the retracement scenario could be invalidated. The market should be monitored cautiously.#TAOUSDT