278.41. That is the whole story on $TAO right now. Price broke out of the 290s and sits below both EMAs on the 1h, so the burden of proof stays with buyers until 294.07 flips. The 293.30 to 294.07 block is the overhead re-entry area. A bounce into it that gets sold keeps the bearish structure intact. Below 278.41 there is nothing but open discovery, no shelf to lean on. Are you treating this bounce as a gift or a warning? #Altcoin Season#