2026-04-09 20:25:47

$TAO is currently in a recovery phase after bouncing from the 295 level and moving back toward the 340–350 resistance zone. The structure is improving with higher lows forming, which shows buyers are stepping in, but the trend is not fully confirmed yet because price is still below the previous high around 351.

The EMA(200), sitting near 315–318, is acting as a strong support and giving the market a bullish base. However, the current price area around 335–345 is a decision zone and not the best place to enter a trade.

If price breaks and holds above 350, there is a strong chance of continuation toward 370–400. On the other hand, if price gets rejected, it is likely to pull back toward 320–315, which would be a safer entry area.

The better approach is to avoid chasing at current levels and wait either for a confirmed breakout above resistance or a pullback into support. Overall, the setup is strong but still needs confirmation for a clearer trend continuation.
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TAO-17,59%

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