$TAO update After a strong bullish expansion, the price broke decisively: the main downward trend line and the supply zone (in red) that had previously rejected the price The breakout occurs with an impulsive candlestick, signalling buyer dominance. Subsequently, the price is returning to the area from which the acceleration started: this is the retest zone, which coincides with the 0.75 Fibonacci level (red line). Retest trend first sign of reversal Pullback in the 0.75 zone confirmation of the breakout Possible restart in the red box As long as the price remains above 400, the structure remains intact and the bias remains bullish. If we look at the monthly chart, we can see that if the price maintains its monthly close above the breakout, the structure shifts from accumulation to expansion. After several months of consolidation and volatility at the lower end of the range, the price has: With halving on the way (but remember that BTC must help us, otherwise it too will lose the monthly), 👉🏻formed rising lows (accumulation), 👉🏻broken the trendline with a strong candle and full body.