Technical analysis by Crypto_Watch15 about Symbol TAO: Buy recommendation (4/11/2025)

Looking for a potential bounce play on TAO. Price action shows a clear deviation below support followed by a strong recovery. Currently eyeing a retest of the demand zone around 195, where I’ve placed a limit long entry.Entry: 195TP: 270SL: 160Expecting a bit of chop in the mid-zone before continuation toward the 271 resistance zone. If the bounce plays out, this gives a solid 2.7R setup. Will monitor volume and structure confirmation around the entry zone.