$TAO #TAO Analysis: Key Highlights

📊 Current Status:
Price at $350.7, showing early signs of bullish momentum after crossing above the 50 EMA and 100 EMA, but still below the 200 EMA, maintaining an overall bearish bias.

📈 Key Levels:
Resistance: $362, $380.
Support: $344, $336.

📉 Indicators:
RSI: At 63.63, approaching overbought territory, indicating caution for further upward movement.
MACD: Positive histogram and bullish crossover, confirming improving momentum.
Volume: Increasing, supporting recent upward price action.

⚠️ Trend Outlook:
Neutral to cautiously bullish. A breakout above $362 (200 EMA) would confirm a bullish reversal, while failure to hold $336 may lead to renewed bearish pressure.

💡 Recommendation:
Monitor for a clean breakout above $362 with volume for long entries, targeting $380. Use $344 or $336 as key support levels for managing risk.