$TAO đ
Hello everyone đ Tao has been nudging 199.99 repeatedly, but each attempt has been met with swift rejection. The range is tightening, and a breakout or breakdown is likely soon.
Long Setup đą $TAO
4H Key Levels
C: 198.76
R: 199.99
S: 188.06
Trigger Zone: 198.80â199.20
T1: 205.00
T2: 212.00
T3: 220.00
Risk Cut: 194.31
Buyers are testing this level with discipline.
$TAO has been compressing between 188 and 200, with the 199.99 level acting as a strong ceiling. Each rejection has been met with buyers stepping in near the lower range, and volume is picking up at support.
If this support holds, a push toward 205 and beyond could follow. If sellers break through, the next area of interest sits near 194.
Will this resistance finally break, or is another rejection coming?
Hello everyone đ Tao has been nudging 199.99 repeatedly, but each attempt has been met with swift rejection. The range is tightening, and a breakout or breakdown is likely soon.
Long Setup đą $TAO
4H Key Levels
C: 198.76
R: 199.99
S: 188.06
Trigger Zone: 198.80â199.20
T1: 205.00
T2: 212.00
T3: 220.00
Risk Cut: 194.31
Buyers are testing this level with discipline.
$TAO has been compressing between 188 and 200, with the 199.99 level acting as a strong ceiling. Each rejection has been met with buyers stepping in near the lower range, and volume is picking up at support.
If this support holds, a push toward 205 and beyond could follow. If sellers break through, the next area of interest sits near 194.
Will this resistance finally break, or is another rejection coming?
