$TAO /BTC: Signs of Life in a Downtrend?
The TAO/BTC pair is showing a +4.68% bounce today, currently trading at 0.002371. While the short-term 15m chart shows a nice recovery with the price crossing above the MA(7) and MA(25), the long-term view remains heavy.
With a -42.59% drop over the last year, this move feels like a relief rally. Key resistance sits at 0.002379. Watch for a sustained hold above the moving averages to confirm if this reversal has legs!
Would you like me to check the current RSI or MACD levels for TAO to see if it's overbought?
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