TAO is trading around 313.5 on the 4H timeframe after an explosive push higher off the ascending trendline near 214, extending a rally that has been building since the FVG and demand zone around 195 formed back in early August.
The structure here began with a base building phase in early August, where price compressed into a tight fair value gap zone near 192.5 to 195 alongside horizontal support at 188.6, setting up the launch point for this entire move. From there, TAO climbed in a series of stair step advances, each pulling back to test the rising trendline before pushing to a new local high, with horizontal support forming again near 214.5 to 216.5 in late August as the trend matured. The most recent leg has been by far the sharpest, ripping straight from that support shelf to a fresh high above 320 with very little pause along the way.
Price is currently pulling back slightly from the highs to 313.5 after tagging above 320, showing the first signs of consolidation following an aggressive impulsive move.
Key Levels To Watch:
→ 320.0 Recent high, breakout extension top
→ 313.5 Current price, consolidating after the spike
→ 300.0 Psychological level, first support on a pullback
→ 272.0 Prior swing high, mid range support
→ 214.5 Horizontal support, late August base
→ 188.6 Trendline origin, FVG demand zone
Holding above 300 keeps this rally structure fully intact, and continuation above 320 opens the door to further upside with no significant resistance overhead given how quickly this move has developed.
Losing 300 would signal the first meaningful pullback since the breakout, with 272 as the next support to watch and the 214.5 shelf as the deeper structural level if the correction extends further.
Hold above 300 and TAO continues its aggressive uptrend. Lose it and this pulls back to retest the prior breakout levels.
Bias stays strongly bullish given the strength and consistency of this trend, but a cooling off period here would be healthy after such a sharp advance.
The structure here began with a base building phase in early August, where price compressed into a tight fair value gap zone near 192.5 to 195 alongside horizontal support at 188.6, setting up the launch point for this entire move. From there, TAO climbed in a series of stair step advances, each pulling back to test the rising trendline before pushing to a new local high, with horizontal support forming again near 214.5 to 216.5 in late August as the trend matured. The most recent leg has been by far the sharpest, ripping straight from that support shelf to a fresh high above 320 with very little pause along the way.
Price is currently pulling back slightly from the highs to 313.5 after tagging above 320, showing the first signs of consolidation following an aggressive impulsive move.
Key Levels To Watch:
→ 320.0 Recent high, breakout extension top
→ 313.5 Current price, consolidating after the spike
→ 300.0 Psychological level, first support on a pullback
→ 272.0 Prior swing high, mid range support
→ 214.5 Horizontal support, late August base
→ 188.6 Trendline origin, FVG demand zone
Holding above 300 keeps this rally structure fully intact, and continuation above 320 opens the door to further upside with no significant resistance overhead given how quickly this move has developed.
Losing 300 would signal the first meaningful pullback since the breakout, with 272 as the next support to watch and the 214.5 shelf as the deeper structural level if the correction extends further.
Hold above 300 and TAO continues its aggressive uptrend. Lose it and this pulls back to retest the prior breakout levels.
Bias stays strongly bullish given the strength and consistency of this trend, but a cooling off period here would be healthy after such a sharp advance.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.