TAO has climbed to $343.01, marking a 1.5% increase over the past 24 hours after breaking out of a falling wedge pattern on the 1-hour chart. The token is currently trading within a narrow range, with support at $330.12 and resistance at $345.95, as traders watch for further movement.
The recent breakout has sparked interest among traders, with projections indicating a potential 30% upside. The price consolidation near these key levels is being closely monitored for signs of continued upward momentum.
TAO Token Rises to $343 Following Falling Wedge Breakout
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