TAO / TetherUS
Long

$TAO is sitting at a major weekly demand zone around 179-130

150
TAO is sitting at a major weekly demand zone around 179-130 after a full macro downtrend. Selling pressure has clearly weakened and price is compressing at a level that has held multiple times in the past. This is not strength yet, but it does suggest seller exhaustion. Location is the key here. A clean weekly hold above this zone keeps the accumulation thesis alive, while a weekly close below it invalidates the bullish idea entirely.

If this base holds, the most likely path is choppy upside rather than a straight move. First meaningful resistance sits around 300 to 320, followed by 400 to 450 where higher timeframe structure starts to flip. Only above those levels does a larger move toward 600 to 800 become realistic in a strong alt or AI narrative cycle. Until key weekly moving averages are reclaimed, this remains a base building phase, not a confirmed trend reversal.

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