$TAO just went from roughly $190 to nearly $250, but the rejection from the top changed the short-term picture.
Price is now back around $227.8, sitting between clear support near $220–$222 and resistance around $230–$233.
That makes this range the key battleground.
If buyers reclaim $233 on a clean 4H close, I’d watch for another push toward $245–$250.
But if $220 gives way, the current recovery starts looking weak and $210–$212 becomes the next important area.
The larger structure is still bullish, but after that sharp wick from $250, I’d rather see confirmation above $233 than chase the bounce.
Price is now back around $227.8, sitting between clear support near $220–$222 and resistance around $230–$233.
That makes this range the key battleground.
If buyers reclaim $233 on a clean 4H close, I’d watch for another push toward $245–$250.
But if $220 gives way, the current recovery starts looking weak and $210–$212 becomes the next important area.
The larger structure is still bullish, but after that sharp wick from $250, I’d rather see confirmation above $233 than chase the bounce.