📈 $TAO · 4H
The action has stayed between $254.30 and $302.00 over the last two weeks. $TAO is trading at $274.10, above both its 20 and 50 4-hour averages. Price is roughly mid range here. Resistance sits 10.2% above and support 7.2% below. Averages have been ordered the same way for a long stretch now, with the 20 below the 50. Momentum is mid range with RSI at 54. The 24 hour range runs $261.90 to $278.50, and price is near the top of it. Volume is thin, around 0.5x the recent average, so moves here are easier to fade. Up 2.4% over 24 hours.
Binance spot data. DYOR
$TAO #Binance
The action has stayed between $254.30 and $302.00 over the last two weeks. $TAO is trading at $274.10, above both its 20 and 50 4-hour averages. Price is roughly mid range here. Resistance sits 10.2% above and support 7.2% below. Averages have been ordered the same way for a long stretch now, with the 20 below the 50. Momentum is mid range with RSI at 54. The 24 hour range runs $261.90 to $278.50, and price is near the top of it. Volume is thin, around 0.5x the recent average, so moves here are easier to fade. Up 2.4% over 24 hours.
Binance spot data. DYOR
$TAO #Binance