🤖 TAO: pushing lower 📉
They continue to push—no rebound yet; the price has dropped further to $234.7 (they’ve already found a local minimum around $234.3).
MA60 ($235.2) remains overhead and is now acting as resistance. Buyers are trying to defend the order book (51% buy-side demand), but the volumes being used to back it up are still weak.
🔹 holding $234.3–$234.5 → chance for a local consolidation
🔹 break below $234.3 → direct path to the day’s lows of $231.6
30 days: +21.7%. I’m not rushing—until the sellers run out of steam, entering the market is a bit risky.
#TAO #Crypto #Binance
They continue to push—no rebound yet; the price has dropped further to $234.7 (they’ve already found a local minimum around $234.3).
MA60 ($235.2) remains overhead and is now acting as resistance. Buyers are trying to defend the order book (51% buy-side demand), but the volumes being used to back it up are still weak.
🔹 holding $234.3–$234.5 → chance for a local consolidation
🔹 break below $234.3 → direct path to the day’s lows of $231.6
30 days: +21.7%. I’m not rushing—until the sellers run out of steam, entering the market is a bit risky.
#TAO #Crypto #Binance
