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On the 1H chart, $TAO printed a clear double-bottom structure (Bottom 1 → Bottom 2) after a sharp sell-off. Price is now compressing inside a short-term descending structure, while holding above the second bottom — that’s usually where momentum flips if buyers step in.
A clean breakout and hold above 170–172 can open the upside:
🎯 Possible targets
178 – 180 → first reaction / supply zone
186 – 190 → prior breakdown region
198 – 205 → major resistance & range high
Momentum expansion above 180 would confirm trend reversal, not just a relief bounce.
🔻 Invalidation - If price loses 160–158 with strong volume.
🧭 Key levels to watch
Support: 160 → 158
Resistance: 170 → 172
This is compression after panic, and #TAO usually doesn’t stay quiet for long.