Is a Bounce or Break Coming for TAO ?
The current price action suggests caution For #TAO . Stuck in a downtrend channel, a recent rejection from resistance hints at a potential retest of support. This creates a wait-and-see situation for entry opportunities for $TAO . Keep an eye on the key zones:
Support: $330-$340
Resistance: $395-$405
A bounce off support could signal a trend reversal📈, while a break below could indicate further downside.
What are Your Thoughts on this??