Can light volume support a sustained $TAO breakout attempt?
Volume sits at 1.29x the daily average as price hits $257.5, up 3.50% over 24 hours.
Hourly closes are holding near $257.8, pressing above the previous 245.7 to 256.5 range.
If buyers sustain volume above $256.5, momentum could extend. However, a drop back inside the prior range signals fading demand.
Will holding the 256.5 level confirm continuation, or does a dip back below invalidate the move?
Tap $TAO for the live chart. #TAO #BinanceSquare
Volume sits at 1.29x the daily average as price hits $257.5, up 3.50% over 24 hours.
Hourly closes are holding near $257.8, pressing above the previous 245.7 to 256.5 range.
If buyers sustain volume above $256.5, momentum could extend. However, a drop back inside the prior range signals fading demand.
Will holding the 256.5 level confirm continuation, or does a dip back below invalidate the move?
Tap $TAO for the live chart. #TAO #BinanceSquare