TAO/USDT Shows Early Bullish Shift After Long-Term Downtrend Breakout

TAO/USDT broke a long-term descending trendline and retested support with bullish momentum for potential upward movement toward mid-390s.

The asset is currently traded within a strong bullish order block between mid-200s and low-300s, indicating significant buyer interest and accumulation.

Intraday activity is showing higher highs and sharp rally above $320 reflecting increasing trading volume and growing market participation.

TAO/USDT has broken above a long-term descending trendline that had been pushing the price lower for weeks. The price tested this trendline showing potential for upward movement.

Major Trendline Breakout Signals Shift

The 2-hour TAO/USDT chart shows a descending trendline where the price made several lower highs. Recently, the price broke above this trendline, then came back to test it before moving higher

This retest area, around the low 300s, could be a potential entry zone where buyers have stepped in before.A possible target for the move is around the mid-390s, which is about a 34% increase from the retest area.

Currently, the price is consolidating in a large bullish order block between the mid-200s and low-300s. This zone has previously acted as a strong demand area, with buyers pushing the price up each time it reached this region.

Accumulation and Resistance Zones

The chart presents clear macro structures, including long-term resistance levels and order blocks. A key horizontal level around $540 acts as a crucial resistance point, marked as “Resistance / Bullish Above S/R” on technical analyses

Breaking this level may lead to further upside expansion.Above $540, the chart identifies aggressive targets including $1,000, $1,500, and potentially $3,000, shown in a vertical projection zone

A thick orange band near previous highs represents a bearish order block that historically capped price and triggered corrections.The large accumulation range observed suggests that sustained bullish momentum may require reclaiming the mid-500 area

Buyers are active within the demand zone, providing early support for potential upward moves. The chart reflects measured bullish behavior contingent on structural confirmation.

Intraday Price Action and Volatility

TAO’s 24-hour performance shows a combination of sideways movement and strong upward bursts. Price began in the high $290s, moving laterally before a dip near the day’s low

This dip was followed by higher highs and higher lows, indicating strengthening buyer activity.Momentum accelerated in the early morning, pushing the price to the mid-$310s

The most notable surge occurred around midday, with TAO reaching just above $320. This peak reflects increased trading volume and a possible market catalyst.

The price experienced a gradual pullback into the mid-$305s but despite this retracement, the net gain for the day remains positive

Demonstrating a classic intraday rise followed by a measured correction and maintaining an overall upward bias.

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