A notable $2.62K long liquidation at $232.50 signals that leveraged longs are being flushed as volatility increases. $TAO is now approaching an important decision zone where buyers need to defend support.
📍 Support: $225 – $230
📍 Resistance: $242 – $250
🎯 Next Target: $260+
If $TAO successfully holds the $225–$230 region, a recovery toward $242 and then $250 could develop. A clean breakout above resistance may open the path toward $260+. However, losing support could invite another downside sweep.
Watch the reaction carefully. Momentum is building, and the next move could be sharp.
#World Liberty bank ownership #Fed Chair Warsh signals rate hike #Fed Chair Warsh speaks at Jackson Hole #Avici faces security incident #BlackRock dominates Bitcoin ETF inflows