$TAO
⚠️ TAO breaks support... Is $275 the target?!
Bittensor (TAO/USDT) is under clear selling pressure!
After failing to break above $310**, the price broke below the $290 zone amid heavy selling and reached a low of **$278 today. The current move is a retest of the breakdown.
Technical analysis:
A break below $290 support + consecutive red closes = continued correction. Any rally now is a speculative selling opportunity.
Expected targets:
🎯 Target 1: $283
🎯 Target 2: $278.5
🎯 Target 3: $275
Stop loss:
🛑 4-hour close above $292
#TAO/USDT #BinanceLaunchesBinanceIntelligence #USMortgageRatesRiseTo7.49% #SP500AndNasdaqHitRecordHighs #IMFGrantsWaiverForElSalvadorBitcoinBreach
⚠️ TAO breaks support... Is $275 the target?!
Bittensor (TAO/USDT) is under clear selling pressure!
After failing to break above $310**, the price broke below the $290 zone amid heavy selling and reached a low of **$278 today. The current move is a retest of the breakdown.
Technical analysis:
A break below $290 support + consecutive red closes = continued correction. Any rally now is a speculative selling opportunity.
Expected targets:
🎯 Target 1: $283
🎯 Target 2: $278.5
🎯 Target 3: $275
Stop loss:
🛑 4-hour close above $292
#TAO/USDT #BinanceLaunchesBinanceIntelligence #USMortgageRatesRiseTo7.49% #SP500AndNasdaqHitRecordHighs #IMFGrantsWaiverForElSalvadorBitcoinBreach