drive momentum higher, potentially retesting yearly highs

TAO experienced the most significant intraday surge, climbing 14.5%, and has risen over 55% this week. The momentum over the past 72 hours pushed its price beyond the 200-day EMA band and the $358.58 resistance level, marking a change of character (ChoCh).

This breakout has flipped the trend, and if the price action sustains above this level, it could drive momentum higher, potentially retesting yearly highs.

The long-term targets are now set at $533 and $683. However, if the price fails to maintain above the ChoCh level and falls back, the optimism could fade, leading to an uncertain outlook.