$TAO/USDT weekly chart looks nice following a classic "liquidity grab", dipping into the $180- $210 demand zone, trapping the shorts before giving a strong bounce which indicate buyer interest around that levels, and currently the price is moving up steady testing the first S/L level around $286.7 (red dashed area).


A solid move up and breaking through this zone will definitely start a new short-covering action and the continuation towards $460-535 range, alternatively we may see a short-term pullback here.


DYOR, NFA

#TAO #BTC Price Analysis# #Altcoin Season# #BNBChain# $BTC

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May 03, 2026 at 1:56 PM
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