Sometimes, there's no need for complex patterns or heavy indicators — and TAO is a perfect example of that.
For years, TAO has been consolidating inside a clearly defined accumulation box. Before the current bullish breakout, it liquidated all weak hands by sweeping the lows — convincing many that the project was dead.
Now, on the daily timeframe, we’re seeing a broken and active pennant formation, which is already being validated.
This structure alone is a strong technical buy signal.
With the upcoming AI-driven bull run, TAO has the potential to outperform many of its AI-sector peers.
This one might just fly ahead of the pack.
For years, TAO has been consolidating inside a clearly defined accumulation box. Before the current bullish breakout, it liquidated all weak hands by sweeping the lows — convincing many that the project was dead.
Now, on the daily timeframe, we’re seeing a broken and active pennant formation, which is already being validated.
This structure alone is a strong technical buy signal.
With the upcoming AI-driven bull run, TAO has the potential to outperform many of its AI-sector peers.
This one might just fly ahead of the pack.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.