TAO / TetherUS
Long

TAO – Descending Triangle at Critical Levels

137

TAO is consolidating inside a descending triangle, with sellers pressing from above and buyers defending the $256–$242 support zone.

- Resistance: $265–$270
- Support: $242–$256
- Bullish case: Break and close above $270 could trigger a rally toward $800–$1700.
- Bearish risk: Losing $170 support would invalidate the setup and open deeper downside.

⚖️ TAO is at a make-or-break point — watch for a confirmed breakout before entering.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.