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$TAO
TAO is the one bright spot in an otherwise ugly market.
After that massive breakout candle we saw a few days ago, price is now consolidating around $312, which is healthy.
It printed a high of $375 earlier this week and is now pulling back to digest those gains.
The EMA 200 at $271 is now acting as support. Below that is a significant structural shift.
This pullback does not concern me at all.
What concerns me about TAO is if it loses $290 on a daily close, because that would suggest the breakout is failing.
As long as it holds above the EMA 200, I remain the most bullish on TAO out of everything I track right now.