$TAO - Price analysis:
The share price remains bearish and locked in this daily bearish channel. 📉
I won't try to buy until it breaks the downtrend or at least the $360 resistance. We must wait for more bullish reversal sign.
Important local support: 280$ & 240$ 🔔
I thihk that the final bottom could be at the 220 - 205$ support zone! 🔔📉
The short term price is neutral, but I remain bearish for the mid term, the price should consolidate for a while before mooning again!
On the other hand, If the price consolidate above 270 - 280$, then we could see a retest of the 350$ resistence (downtrend).
(difficult to know, it will probably depend of $BTC )
Keys R/S are in the chart🎯
