Thoughts on #TAO: $TAO has formed a clear double top structure and has now broken below the neckline, confirming a bearish reversal. The breakdown shows a shift in market structure, with sellers gaining control after the failed attempt to push higher. As long as $TAO remains below the neckline, the bias stays bearish with potential for further downside. Any retest of the neckline acting as resistance could offer continuation opportunities to the downside.
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