$TAO rebounded from the long-held horizontal base near 320–330 and snapped back above the short-term channel line. Price is turning off a higher low at the wedge/trendline confluence while the downtrend cap sits overhead.
While that base holds, a push toward 380–400 is favored as price rotates toward range highs. Invalidation is a close back under the base and channel floor near 315.
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