While spot daily trading volume has been amplified to above $71 million, $TAO has also broken through the $300 integer mark in line with the trend. Over the past 24 hours, the rally has accelerated, with gains expanding to around 15%.
Compared with the trend of many other assets, where momentum gradually converges after spiking, the market action here shows a relatively coherent volume-expanding push: in the past 24 hours, spot matched trades exceeded 330,000 orders, and trading volume surpassed $71.5 million. Price and trading activity have shown a clear synchronized acceleration.
However, after building volume to stand above the $300 psychological level, the market also faces intense tests from short-term profit-taking and overhead trapped supply. The key thing to watch after the consecutive upswing is whether it can establish solid support above $300, and prevent the kind of sharp pullback and volatile shakeout that often follows a pulse rally.
#TAO #Crypto
Compared with the trend of many other assets, where momentum gradually converges after spiking, the market action here shows a relatively coherent volume-expanding push: in the past 24 hours, spot matched trades exceeded 330,000 orders, and trading volume surpassed $71.5 million. Price and trading activity have shown a clear synchronized acceleration.
However, after building volume to stand above the $300 psychological level, the market also faces intense tests from short-term profit-taking and overhead trapped supply. The key thing to watch after the consecutive upswing is whether it can establish solid support above $300, and prevent the kind of sharp pullback and volatile shakeout that often follows a pulse rally.
#TAO #Crypto