Technical analysis by ninacryptotrade about Symbol TAO: Buy recommendation (10/13/2025)

TAO has broken out above a falling wedge formation, now trading above the former resistance trendline near 370 USDT. This move suggests a potential bullish shift in market structure, as price pushes beyond the long-term descending trendline that had limited upside for several months. Based on the measured move from the wedge’s depth, the breakout projects a potential upside target around 640 USDT (+60.34%). For this scenario to remain intact, the price would need to stay above the former wedge resistance, which may now act as dynamic support. Key levels: Breakout zone: ~370 USDT Target: ~640 USDT Invalidation: Breakdown below ~360 USDT The breakout remains technically valid for now — ongoing confirmation would require sustained price strength, increased volume, and follow-through toward the projected objective. As always, invalidation of the setup would occur on a decisive break back below key support.