$TAO current price 199.6, down 3.4% over the past 24 hours; trading value 19 million; volume spikes and then a sell-off—there’s no suspense about the bearish trend. RSI is already down to 22, firmly in the oversold zone, meaning the panic is in place. But the amplitude is only 5%, indicating bulls and bears are still locked in a tug-of-war and there hasn’t been an extreme stampede.
At this level, the probability of a short-term rebound isn’t small, but don’t rush to bottom-fish. Under a bearish trend, oversold conditions can become even more oversold. If you want to bet on a rebound, try with a small position, strictly set a stop-loss, and don’t hold on stubbornly. More cautious traders should keep watching—wait for a volume-expansion “selling pressure stopping” signal before making a move.
What do you think? Let’s chat in the comments.
$TAO #TAO #AI赛道
At this level, the probability of a short-term rebound isn’t small, but don’t rush to bottom-fish. Under a bearish trend, oversold conditions can become even more oversold. If you want to bet on a rebound, try with a small position, strictly set a stop-loss, and don’t hold on stubbornly. More cautious traders should keep watching—wait for a volume-expansion “selling pressure stopping” signal before making a move.
What do you think? Let’s chat in the comments.
$TAO #TAO #AI赛道