TAO has just broken through the key resistance level of $290. This signal is worth noting because over the past year, TAO has been oscillating within the range of $290 to $748. From a technical perspective, to establish a new all-time high, it must effectively break through this long-standing upper and lower boundary. While the short-term gains are encouraging, the real focus is on whether it can stabilize at the new high and continue to break upward—this is the key to whether a new ATH can be achieved. The current breakout has initially broken the deadlock, but only by breaking through and holding above the upper limit of the old range can the true breakout be confirmed.
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GasFeeLover
· 5h ago
Breaking at 290 is just breaking; the key is to stay steady, or else it will just be a false alarm again.
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GasFeeSobber
· 5h ago
Did 290 break through? Let's wait and see if it can hold. This is the real test.
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ShadowStaker
· 5h ago
ngl this breakout is just noise until tao actually holds above 290. seen too many false signals to celebrate yet
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StableBoi
· 5h ago
Did 290 break through? By the way, can it hold steady this time? It feels like it has broken below several times before.
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TommyTeacher1
· 6h ago
Really? 290 has been broken? I was still waiting for a pullback, this wave of increase is a bit too fast...
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MEVHunterBearish
· 6h ago
290 Can we really hold this time? It feels like every time is just a false breakout.
TAO has just broken through the key resistance level of $290. This signal is worth noting because over the past year, TAO has been oscillating within the range of $290 to $748. From a technical perspective, to establish a new all-time high, it must effectively break through this long-standing upper and lower boundary. While the short-term gains are encouraging, the real focus is on whether it can stabilize at the new high and continue to break upward—this is the key to whether a new ATH can be achieved. The current breakout has initially broken the deadlock, but only by breaking through and holding above the upper limit of the old range can the true breakout be confirmed.