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Latest update on TAO price action.
Going as planned—the bullish wedge has successfully broken out to the upside. Currently, it is pulling back to retest the breakout level. If it holds, we could see a strong rally in the coming days, targeting the $520 area.
This pullback phase is quite critical. If support holds, the upside potential opens up. Technically, this pattern has played out very well; now it’s just a matter of whether it can leverage this momentum to take off. If bullish sentiment keeps up in the short term, this move could be very strong.