$TAO Showed a False Breakout of the Trendline

The asset once again attempted to move above the MA200 moving average and the resistance trendline, but so far, it has not succeeded.

In the current market conditions, it is extremely difficult for altcoins to sustain upward momentum, so the potential for a correction remains.

I am waiting for the price to return to the lower boundary of the triangle and a potential attempt to break downward for a short position.

Targets: $356.64 - $326.98 - $298.93

Stop: $415.97.