$TAO Approaching Major HTF Demand While Long-Term Resistance WeaTAOUSDT Perpetual ContractBYBIT:TAOUSDT.PLeo524TAO Approaching Major HTF Demand While Long-Term Resistance Weakens 👀 TAO continues trading inside a broad higher-timeframe range after rejecting from premium pricing earlier in the cycle. The chart also shows repeated rejection from a major descending HTF trendline, which has controlled price for months. While recent buying pressure helped stabilize the market, TAO still remains below key resistance and has not yet confirmed a bullish expansion. The most important area remains the 190–230 HTF discount zone. This region aligns with historical demand, previous accumulation, and the lower boundary of the long-term range. As price approaches this area, the probability of a larger liquidity event continues to increase Momentum remains weak while RSI has yet to confirm a bullish shift. From a SAFE MODEL perspective, the ideal scenario remains a sweep into discount, strong reclaim, bullish displacement, and confirmation before considering continuation toward higher liquidity around 336 and potentially 500 over time. Analysis by Leo524. #TAO #TAOUSDT #Bittensor #Crypto #Trading #PriceAction #Leo524