Everyone is calling $TAO dead at $213 and the daily chart just quietly disagreed.


Look at what price actually did.
June printed the low near $180.
July retested and held $195, a textbook higher low forming inside a downtrend that has run since April.
Now check the engine room.
MACD histogram just flipped positive at 1.2 with both lines curling toward a bullish cross below zero. That is where the strongest reversals are born, not at the top.
RSI sits at 44 and has reclaimed its signal line at 40.8 after refusing to make a new low with price. Momentum stopped falling before price did.
The map from here is simple.
Support: $195 to $200
First wall: $225
Trend breaker: $250
Lose $195 and this setup is invalid. Reclaim $225 and the sellers who chased this down from $290 become the fuel.
Nobody rings a bell at the bottom. The chart whispers it first, and most people only hear it at $300.
TAO1.18%
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