TAO Bearish Triangle Breakdown with Weak Retest

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TAO Bearish Triangle Breakdown with Weak RetestTAO / TetherUS PERPETUAL CONTRACTBINANCE:TAOUSDT.PCryptoCoinsCoachTAO previously formed a symmetrical triangle after a strong bearish move. That structure has now resolved to the downside, with price breaking below the ascending trendline and accepting lower levels. After the breakdown, TAO is attempting a weak consolidation below former triangle support. This area is acting as a supply zone rather than support, indicating that buyers are struggling to regain control. As long as price remains below the broken structure, downside continuation remains the dominant scenario. A sustained move lower can expose the two hundred sixty region first, followed by deeper demand zones if selling pressure expands. For any bullish recovery, TAO must reclaim the broken triangle support and hold above it. Without that, the current structure remains bearish and corrective bounces are likely to be sold into. This setup is driven by triangle breakdown dynamics, failed support behavior, and post-breakdown price acceptance.