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$TAO - Price Analysis Update Weekly View: Market remains n

fulldeg

Updated at: 2 days ago

{"content":"$TAO - Price Analysis Update Weekly View: Market remains neutral, consolidating between two major levels: $452 (flat Kijun) $328 (flat Tenkan) Daily Chart: Potential cup & handle pattern forming📈 Bias: Bullish consolidation just below key resistances,expecting a bigger breakout ahead, but likely more rangebound price action in the short term (sideways days/weeks). Levels to Monitor: Local: $368 | $390 | $415 | $435 | $447 | $470 Major resistances above: $470 | $488 | $568 | $675 | $710+ 💡Summary: Bullish structure as long as $328 holds. Consolidation phase between $328–$470 ==> awaiting breakout confirmation. 🎯Strategy: Buy the dips and practice DCA (Dollar Cost Averaging) above the key supports mentioned. #dyor Waiting patiently for a clean breakout signal for higher targets. #Alts #TAO ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/31/2cd1215a82d64b19b2bdf966274ef8a4.png","https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/31/2750a60f51ef45ebae5d955df008558f.png","https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/31/13121261804c4097ad6995dd1442d05b.png"],"tags":[],"tradingPairs":["TAO/USDT"],"quotearticleid":0}

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