TAO ALERT: Prices have been overheating for days!

TAO gave us an incredible bullish 1st leg, breaking through the green zone (which served as resistance, pivot zone and range).

Now we're clearly overheating, consolidating on the zone where we were rejected in April 2024 and dragged the price down.

Wait for a pullback before reinforcing your position or buying.

The h4 zone seems the most likely, given my indicators, creating another pivot zone.

We also have the fibo zone at the bottom, corresponding to a Daily zone where several important MAs converge, as well as the green zone.

Personally, I don't believe in it too much, as it would create too big a dip, and it would not be a good idea to retest this green zone.

In any case, we need to be patient, even if, in the event of a BR, pullbacks will be rare and directly redeemed!