This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$TAO broke key support and is now trading inside a major demand zone (~200–275).
Structure is still weak sellers are in control and bounces are getting sold.
If 200–230 holds, you likely get a relief bounce.
Lose 200, and there’s risk of another leg down before a real bottom forms.