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Thoughts on #TAO:
$TAO has completed a clean rounding bottom structure on the 4H timeframe, signaling a shift from distribution to accumulation. The neckline breakout pushed $TAO back above the 50 SMA and EMA cluster, confirming momentum flip. The recent pullback is acting as a retest of the breakout zone around 185–188 for $TAO.
As long as $TAO holds this retest region and maintains higher lows, continuation toward 200 and 215 remains likely. A loss of 178–180 would weaken the structure and open room back into the base. For now, bias stays bullish on $TAO while the breakout level holds and buyers defend the curved base support.
#CryptoMarketBouncesBack #USIranTensionsImpactMarkets