The $300 Line in the Sand: TAO’s Masterclass in Support
$TAO just proved why technicals aren't just "lines on a screen." After a brutal 65% collapse—sliding from $400 to $140 in just three months—the comeback is officially on.
The Breakdown:
The Bounce: As soon as price reclaimed and retested the $300 zone, the bleeding stopped.
The Signal: This wasn't a fluke. The $300 level is a historic battleground where buyers consistently plant their flag.
The Confirmation: With price now hovering at $310, we’re seeing a massive volume spike and the 200-Day MA curling in for backup.
This isn't retail FOMO; it’s heavy-handed accumulation. The chart gave the signal—now the market is just following the script.
TAOUSDT
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