Rising Pressure on $TAO, Is the Trendline About to Crack?

TAO is gearing up for a breakout 🔥

After weeks of consolidation, RNDR is now moving within a rising structure and pushing against a key descending trendline from the previous highs.

🔍 What the chart shows:

Descending Trendline Resistance: Price has tested this trendline multiple times, a breakout would signal strength.
Higher Lows: Buyers are consistently stepping in early, showing increasing demand.
Tight Price Action: Price is getting squeezed, indicating an explosive move could be near.
Volume: Slight rise in volume suggests growing momentum.

🎯 Trade Setup Idea:

Entry: Break and retest above $330
Stop-loss: Below $310

Target 1: $380
Target 2: $440

A breakout above the trendline could trigger a strong upside move.
DYOR. NFA

TAO TAOUSD TAOUSDT