$TAO reclaims $310 this week or Iâm wrong. đ„
Price is $304.70 after a 3.57% daily push, with $59.36M traded. The 4h move is even cleaner at +4.8%, and price is holding above both the 20d and 50d MAs.
Trend is up.
But volume is only 0.9x its 20d average, while longs are paying 0.005% funding. Iâm not chasing this candle. If TAO tags $310, Iâm holding for acceptance above it. Rejection there and I reduce exposure.
Itâs still 7% below the 30d high. $ETH looks less clean, while @taboracoin is finally showing real momentum. $310 is the test. âĄ
#Bittensor #DePIN
Price is $304.70 after a 3.57% daily push, with $59.36M traded. The 4h move is even cleaner at +4.8%, and price is holding above both the 20d and 50d MAs.
Trend is up.
But volume is only 0.9x its 20d average, while longs are paying 0.005% funding. Iâm not chasing this candle. If TAO tags $310, Iâm holding for acceptance above it. Rejection there and I reduce exposure.
Itâs still 7% below the 30d high. $ETH looks less clean, while @taboracoin is finally showing real momentum. $310 is the test. âĄ
#Bittensor #DePIN