⚪ $TAO : WAITING FOR THE TRIANGLE TO BREAK.
$TAO is approaching descending resistance on the weekly chart, with $308.2 adding another hurdle nearby.
I’m waiting for a weekly close above both, followed by a retest that holds.
That would strengthen the bullish scenario toward $447.7, then $660.2.
Turning those levels into support could open the path toward the previous highs.
Until the breakout confirms, price remains inside the triangle.
Rejection keeps another move toward $200–$165 in play.
Nothing is guaranteed. Do Your Own Research.
$TAO is approaching descending resistance on the weekly chart, with $308.2 adding another hurdle nearby.
I’m waiting for a weekly close above both, followed by a retest that holds.
That would strengthen the bullish scenario toward $447.7, then $660.2.
Turning those levels into support could open the path toward the previous highs.
Until the breakout confirms, price remains inside the triangle.
Rejection keeps another move toward $200–$165 in play.
Nothing is guaranteed. Do Your Own Research.
