AI COINS JUST HAD THEIR WORST DAY AS A SECTOR
The AI sector lost almost 7 percent today making it the worst performing major sector
Chip stocks got crushed with Samsung down 8 percent and the fear spilled into crypto AI
Bittensor is down 5 percent near 279 dollars
FET is down 9 percent near 21 cents with 156 million in volume
The one bright spot is Render down only a fraction near 2 dollars showing real relative strength
Top 3 coins on my radar are $TAO $FET and $RENDER
TAO at 279 is back at a level where buyers stepped in before
FET washed out 9 percent on huge volume which is often how selling climaxes
RENDER barely fell which tells you decentralized compute demand is not going away
Trade signal on TAO
Entries between 260 and 275
Targets at 310 then 340
Stop under 240
The AI narrative is too big to stay down long but respect the downtrend until it turns
My take as an analyst
This looks like peak fear in AI
Real world AI demand keeps growing while token prices panic
I like scaling into the leaders here with tight stops
RENDER is the one to watch for the first sign of strength
Is the AI dip a gift or is there more pain coming?
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #AI
The AI sector lost almost 7 percent today making it the worst performing major sector
Chip stocks got crushed with Samsung down 8 percent and the fear spilled into crypto AI
Bittensor is down 5 percent near 279 dollars
FET is down 9 percent near 21 cents with 156 million in volume
The one bright spot is Render down only a fraction near 2 dollars showing real relative strength
Top 3 coins on my radar are $TAO $FET and $RENDER
TAO at 279 is back at a level where buyers stepped in before
FET washed out 9 percent on huge volume which is often how selling climaxes
RENDER barely fell which tells you decentralized compute demand is not going away
Trade signal on TAO
Entries between 260 and 275
Targets at 310 then 340
Stop under 240
The AI narrative is too big to stay down long but respect the downtrend until it turns
My take as an analyst
This looks like peak fear in AI
Real world AI demand keeps growing while token prices panic
I like scaling into the leaders here with tight stops
RENDER is the one to watch for the first sign of strength
Is the AI dip a gift or is there more pain coming?
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #AI