$TAO is bleeding quietly, and the volume is the real tell.
Price is $285.40, down 2.36% today and 3.4% across the latest 4h window. But only $32.36M has traded, just 0.7x the 20-day average. That’s not panic. That’s buyers stepping away. 👀
RSI sits at 48, MAs are chopping, and longs are still paying funding at 0.003%. Weirdly soft structure with crowded patience.
At $285, I’m watching whether it can reclaim $300. If it gets rejected there, I’d rather wait than chase weakness. Even $XRP is showing cleaner attention right now.
Bittensor needs volume before this turns bullish. Holding or fading $TAO?
#Bittensor #Crypto #DePIN
Price is $285.40, down 2.36% today and 3.4% across the latest 4h window. But only $32.36M has traded, just 0.7x the 20-day average. That’s not panic. That’s buyers stepping away. 👀
RSI sits at 48, MAs are chopping, and longs are still paying funding at 0.003%. Weirdly soft structure with crowded patience.
At $285, I’m watching whether it can reclaim $300. If it gets rejected there, I’d rather wait than chase weakness. Even $XRP is showing cleaner attention right now.
Bittensor needs volume before this turns bullish. Holding or fading $TAO?
#Bittensor #Crypto #DePIN