#TAO
Analysis of the request received from Telegram.
Friends, since the day $TAO was listed, its ongoing downtrend has been tested once again over the past few days, but it was rejected again and turned back downward.
Based on the current outlook, the decline is likely to continue to the $215 levels.
Both horizontal support and the uptrend support converge in this zone.
Of course, if there is positive movement on the #BTC side, a reaction could occur even before this level is reached.
However, for us to talk about a sustained rise, the downtrend must be broken.
$TAO
Analysis of the request received from Telegram.
Friends, since the day $TAO was listed, its ongoing downtrend has been tested once again over the past few days, but it was rejected again and turned back downward.
Based on the current outlook, the decline is likely to continue to the $215 levels.
Both horizontal support and the uptrend support converge in this zone.
Of course, if there is positive movement on the #BTC side, a reaction could occur even before this level is reached.
However, for us to talk about a sustained rise, the downtrend must be broken.
$TAO
