TAO Eyes Fresh Breakout As Key Levels Hold and Analysts Map Next Targets

Rose notes a bullish pennant below the 0.618 Fib with targets at $700, $800, and $900 as re-accumulation slows.

Captain Faibik notes a broadening wedge that could fuel a breakout toward the $900 midterm level.

CryptoBull cites a 4H trendline breakout that may drive price into the $500–$600 range if volume expands.

TAO has moved out of a months long corrective pattern that pulled price from above $1,200 to under $300. The drop unfolded inside a descending parallel channel, which acted as a retracement from the previous rally

Recent movement above that structure has drawn attention from several market analysts who see early signs of renewed upside momentum. Price holding near the $350 to $370 area now carries weight, as short term direction has hinged on that zone. Any move under $300, however, could force a retest of earlier support levels.

Resistance Levels and Breakout Structure

According to analyst Rose, TAO is beneath the 0.618 Fibonacci retracement zone, with what she describes as a bullish pennant formation. She outlined three upside marks at $700, $800 and $900, noting that re-accumulation may be ending

Source: Rose on X

The broader chart shows two calculated resistance points that traders continue to reference. The first is near $704.2, which represents an advance of nearly 88% from current ranges. The second target aligns with $1,056.5 and tracks the upper boundary of a prior major swing. That level would link back to highs formed before the corrective slide.

Notably, the candle structures that followed the move out of the channel point to a break in bearish momentum. Sustained closes above $350 and $370 have so far helped maintain that view. Failing that area could invalidate near-term continuation and reintroduce the $300 handle as a pressure point.

Wedge Setups and Midterm Targets

Captain Faibik has pointed to a broadening wedge pattern forming on higher timeframes. He stated that a confirmed breakout could start what he called a strong bullish rally, mapping a midterm level of $900

That outlook adds to other projections but ties back to the same technical area highlighted by Rose. Further short range detail comes from analyst CryptoBull, who discussed a horizontal trendline on the four hour time frame

He mentioned that a breakout from that trendline could set up a push into the $500 to $600 band. His view centers on consolidation giving way to momentum if volume cooperates.

Volume Levels and Momentum Zones

The shift away from the descending channel has also noted renewed trading interest near the $400 area. A move through that level on increased volume could support the targets listed by analysts. For now, price behavior around each threshold continues to guide expectations and shape projections tied to resistance at $704.2 and $1,056.5.

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