$TAO continues to trade inside a well-defined ascending triangle, with higher lows forming along the rising trendline while price keeps pressing against the same horizontal resistance. This structure reflects steady accumulation and growing bullish pressure.
Despite a few rejections from the upper zone, sellers have failed to push price back below the trendline, which keeps the bullish structure intact. As long as $TAO holds above this ascending support, the overall bias remains positive.
A clean breakout above the horizontal resistance, ideally with strong volume, would confirm the pattern and signal the next leg higher. Until then, $TAO remains in a compression phase, offering patience-based opportunities rather than aggressive entries.
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Chart Request: #TAO
$TAO continues to trade inside a well-defined ascending triangle, with higher lows forming along the rising trendline while price keeps pressing against the same horizontal resistance. This structure reflects steady accumulation and growing bullish pressure.
Despite a few rejections from the upper zone, sellers have failed to push price back below the trendline, which keeps the bullish structure intact. As long as $TAO holds above this ascending support, the overall bias remains positive.
A clean breakout above the horizontal resistance, ideally with strong volume, would confirm the pattern and signal the next leg higher. Until then, $TAO remains in a compression phase, offering patience-based opportunities rather than aggressive entries.