TAO Potential Final Dip Before BreakoutTAOUSDT is forming a potential inverse head and shoulders pattern after forming a strong double bottom around the macro low, confirming a major accumulation structure. The recent 5-wave rally into the neckline zone suggests early signs of bullish momentum, with the current pullback forming the potential right shoulder of the pattern.
It's expected the Price to revisit the immediate buy back zone, which sits just above the internal demand zone. A bullish reaction from this region could trigger the next impulsive wave toward the neckline breakout level and beyond.
Short-term target remains at $748, while the full structure projects a final setup target around $1,434. As long as price respects the internal demand zone, this correction is viewed as healthy within the larger bullish cycle.
