⚡️ Market / Price Context
TAO appears to have completed an important accumulation-phase milestone with the formation of a Last Point of Supply (LPS). This development suggests that selling pressure may be fading, allowing the market to transition into a recovery phase.
📈 Chart Explanation
The 3-day chart highlights a developing bullish structure where price is attempting to build momentum toward a Sign of Strength (SOS). Multiple trendlines and resistance levels remain overhead, making each breakout an important confirmation step for the broader recovery thesis.
📈 Outlook
TAO is attempting to transition from accumulation into a stronger recovery phase. Continued strength above key resistance levels would support the bullish scenario and improve the likelihood of further upside progression.
