TAO Breaks Long Downtrend With Key Resistance Flip, Analysts Eye Higher Levels

TAO’s breakout above $340 to $345 signals a trend reversal after months of rejection since July.

Strong demand between $300 to $340 shows bullish momentum, with volume rising on the breakout.

If momentum holds, targets stretch to $532 near term, with $675 to $700 as broader expansion zones.

TAO has pushed above a descending trendline that capped price action since mid July, showing the first technical shift in months. The token moved through the $340–$345 zone after prolonged rejection, changing market attention toward a possible reversal. At press time, TAO was trading at $350.38, a 3.98% gain.

Downtrend Reversal and Key Zones

According to analyst Scient, the price had been locked in a steady decline marked by repeated lower highs since July. The move through $340–$345 shows a break and flip of the one day downtrend

TAO/USDT 12-hour price chart, Source: Scient on X

Scient noted the importance of keeping room to average entries near the defined support zone. This support stretches across $300–$310, a level that has consistently held since June. Below this, a broader support exists between $170–$200, though it would only matter if the $300 floor fails.

The breakout created an immediate challenge for bulls. Price must hold above the breakout line to confirm momentum and avoid sliding toward $300. Sustained trading above the broken trendline strengthens the case for expansion toward higher targets.

Short Term Levels and Volume Activity

The most recent action shows $320–$330 as the first nearby support if price retests lower. The region between $300 and $340 has seen heavy trading activity, supporting it as a demand base

This consolidation acted as the launchpad for the latest upside. Current trading near $353.16 suggests that buyers reclaimed ground after prolonged pressure under the descending resistance.

CryptoBull added that volume is rising during this breakout, describing it as an important shift from prior selling momentum. The analyst outlined a bullish projection toward $532.12, which marks a 57% potential move from the $340 breakout zone.

Targets in Focus if Breakout Holds

The chart structure shows broader objectives in the range of $675–$700 if momentum extends beyond the initial targets. This area is drawn as a major expansion zone, indicating the possibility of doubling from recent prices

TAO/USDT.P 4-hour price chart, Source: CryptoBull on X

However, the immediate marker remains $345, where market conviction faces its first test. A failure to stay above this region risks another move toward $300.Both analysts agree that the breakout indicates exhausted sellers, with buyers now attempting to establish control. The focus remains on whether TAO can consolidate above the reclaimed resistance and build toward higher levels.

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