๐ฅ $TAO /USDT Market Analysis (Monthly View) ๐ฅ
๐ Trend: Bearish โ Neutral
TAO is still in a long-term downtrend. A clear Lower High & Lower Low structure is visible.
๐ฐ Current Price: 168.5
๐ข Support Zones:
โข 160 โ 150 (strong short-term support)
โข 130 โ 120 (major demand zone)
๐ด Resistance Zones:
โข 180 โ 190 (immediate resistance)
โข 220 โ 240 (strong supply area)
๐ Key Insight:
Until TAO does not hold a strong breakout & hold above 180โ200, a bullish reversal will not be confirmed.
๐ง Trading Idea:
โข Buy on dip near 160โ155
โข Take profit near 180+
โข SL below 148
โข Long-term investors โ DCA strategy better
โ ๏ธ The market is testing patience โ only take entries in smart money zones.
