Technical analysis by coinpediamarkets about Symbol TAO: Buy recommendation (1/7/2026)

T TAO/USDT is currently pulling back into a well-defined Demand Zone after a strong impulsive bullish move, indicating a healthy retracement rather than a trend reversal. The Demand Zone ($273.0 – $276.5) has already proven to be a strong reaction area in the past, suggesting institutional accumulation and dip-buying interest. Price is stabilizing around this zone, creating a favorable setup for bullish continuation if demand holds. Entry: $275.0 (inside the demand zone, optimal for risk-to-reward). Stop Loss: $269.0 (below demand → clear structure invalidation). Target 1: $290.0 (previous reaction high / near-term liquidity). Target 2: $305.0 (major resistance and higher-timeframe liquidity area). Bias: Bullish as long as price holds above $273.0, with the pullback viewed as corrective before the next leg higher.