$TAO #TAO UPDATE 🚀🎯🎯

1. Initial Resistance Breakout: The price successfully broke above the first resistance level at 450.6, leading to a strong upward momentum. This breakout demonstrated bullish strength and provided a 7.32% price move, taking the price to the next resistance zone. ✅🚀

2. Rejection from Second Resistance: After reaching the second resistance level at 483.6, the price faced rejection, indicating selling pressure at this key zone. This level acted as a critical barrier for further upward movement. ✅🎯

3. Current Situation: While the rejection from 483.6 has halted the bullish momentum for now, the price remains above the previous resistance of 450.6, which is now acting as support. This suggests the bulls are attempting to defend this level.

Next Steps: ✅✅

A break above 483.6 could open the door for a continuation to higher levels.

A break below 450.6 may lead to a retest of lower support levels at 420.0 or even 400.0.