TAO Falling Wedge Narrows: Anticipated Breakout Targets 30% Increase to $350

Current Price and Trend: TAO trades at $339.54 after a 3.0% daily decline, moving within a falling wedge pattern on the one-hour chart, with resistance at $349.98 and support at $313.62.

Market Analysis: Traders are monitoring the narrowing trend lines for potential upward movement, with the upper boundary aligning with a key resistance level.

Analyst Commentary: Analyst Captain Faibik noted a confirmed falling wedge breakout, suggesting a possible 30% bullish wave if momentum increases, drawing attention to the price nearing the upper trend line.

Disclaimer: The article emphasizes that it is for informational purposes only and advises readers to conduct their own research before making financial decisions.