$TAO weakened 3.9% in 24 hours to $290.49, as selling pressure increased amid around $650,000 in long liquidations.

Pluang data recorded a 4.61% decline in one hour, while market capitalization stood at $3.44 billion.

Support at $295 and resistance at $318 are key levels. 24-hour volume was $171 million, with a volume-to-market-cap ratio of 5%.