$TAO BOTTOMING IN THE HTF FVG — COULD A BIG BREAKOUT BE SETTING UP?
$TAO is currently around $231 and still holding above the major weekly HTF FVG zone between $220–$150.
From a technical perspective, this is a key area. The $134 level lines up with the 0.618 Fibonacci retracement and has acted as strong demand during previous corrections.
TAO has also been moving inside descending channels, but price is now showing signs of reclaiming the lower support area.
If $134 continues to hold, the upside levels I’m watching are:
🎯 $420
🎯 $725
🎯 $1,200
🎯 $3,000
The real confirmation comes with a weekly breakout above the descending trendline and the $420–$480 resistance zone.
Trade here #TAO
$TAO is currently around $231 and still holding above the major weekly HTF FVG zone between $220–$150.
From a technical perspective, this is a key area. The $134 level lines up with the 0.618 Fibonacci retracement and has acted as strong demand during previous corrections.
TAO has also been moving inside descending channels, but price is now showing signs of reclaiming the lower support area.
If $134 continues to hold, the upside levels I’m watching are:
🎯 $420
🎯 $725
🎯 $1,200
🎯 $3,000
The real confirmation comes with a weekly breakout above the descending trendline and the $420–$480 resistance zone.
Trade here #TAO
