Latest Update
8/24/2026 3:46:00 PM

TAO: Trader Sets $290 Breakout Target

TAO: Trader Sets $290 Breakout Target

TAO at $240.8 eyes $290 zone after range breakout as altcoins climb, with entries eyed below $231 or $214 on corrections.

Source

Analysis

TAO draws fresh attention after Michaël van de Poppe flagged the token's upward bias despite sitting away from immediate entries, with the next sell zone targeted at $290 once the range high breaks.

Price action at $240.8 holds a bullish structure above the EMA50 at $218.31 and EMA200 at $205.39 while MACD prints a golden cross at 7.09; RSI at 63.07 leaves room before overbought conditions, and the token trades inside Bollinger bands with upper resistance at $247.21 and lower support at $214.47, suggesting a measured push toward the $290 TAO price prediction zone before any deeper pullback tests the $214 confluence.


Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast