⚪ $TAO : Waiting for the triangle to break.
$TAO is nearing the bearish resistance level on the weekly chart, with another $308.2 acting as a nearby hurdle.
I’m waiting for a weekly close above both, followed by a retest that confirms it.
That would strengthen the bullish scenario toward $447.7, then $660.2.
Turning those levels into support could open the way to the previous higher levels.
Until the breakout is confirmed, the price will remain within the triangle.
A rejection keeps the probability of another move toward the $200–165 level.
$TAO is nearing the bearish resistance level on the weekly chart, with another $308.2 acting as a nearby hurdle.
I’m waiting for a weekly close above both, followed by a retest that confirms it.
That would strengthen the bullish scenario toward $447.7, then $660.2.
Turning those levels into support could open the way to the previous higher levels.
Until the breakout is confirmed, the price will remain within the triangle.
A rejection keeps the probability of another move toward the $200–165 level.
