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The Tao price of shift shares suggests at 200% gathering potential, but one key certificate remains

Tao recently showed signs to free the extended bearing market structure with a crucial impulse move. Although this direction is promising, if higher in the size is low, it is not established on the key zone of mouth, Tao could set the potential 200% more expensive to the previous range high.

Over the past few weeks, Bittensor (Tao) is locked in a constant trend, constant printing of lower high and lower falls. That form can now be changed. The recent impulsive move broke above a significant lower high, marking the first real break in the Tao’s group structure. Now the price is hovering around high probability zone to continue the customer, it can validate properly more low.

Key technical points

  • Tao breaks the bear structure in the market: Tao violated the latest lower high, signaling the potential shift in trend for the first time from high.
  • Testing 0.618 Fibonacci and vvap: The price was now tested by the golden level of Fibenacia, which is harmonized with the VVAP from the top of the current, forming a key area of ​​technical estuary.
  • Point of control (POC) as turn zone: If Tao confirms the higher low in this zone, where POC, VVAP and 0.618 FIB intersect, increases the likelihood of a strong impulse.
Tao price stock shift Tips at 200% gathering potential, but one key certificate remains - 1
Tauousudt (1D) Graph Source: Tradingview

From a technical perspective, this current interaction zone is very important for the Tao. The mouth of key indicators, especially the control point, level of fibonation of 0.618 and anchored VVAP, creates a strong area of ​​interest. If customers defend this level and Tao forms a larger low, the talent for the wave 3 The pull impulse becomes far more likely. This would target the previous range high, which equaled the projecting of 200% of the sets of the current zone.

Zomination on a macro structure, Tao remains within a large agreement in the lateral side. The recent bounce from the range of low shows clear signs of the customer activity, indicating the demand at lower levels.

That the Tao starts to consolidate above this zone of the estuary, form a navigation structure and demonstrates strong support of volume, chances of sharply increased the full range.

What to expect in the upcoming price of the store

Tao was at a critical point of allegations. If the higher the correct confirmation on this zone of evidence, the bacara case is dramatically strengthened. Successful behavior could start a powerful move to continue, offering one of the clearest 200% settings in the current market structure.

https://crypto.news/app/uploads/2024/08/crypto-news-Bittensor-TAO-option02.webp

2025-04-25 22:23:00

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