๐จ TAO IS UNDER HEAVY SELLING PRESSURE! ๐ป
TAO is trading around $183.56, down nearly 15% on the day.
๐ Key Support: $177.29 โ $174.14
๐ Key Resistance: $187.97 โ $201.79
The 4H chart shows strong bearish momentum. TAO is trading well below VWAP ($203.22), while rising selling volume signals continued downside pressure.
A break below $177 could trigger another bearish move. However, reclaiming $188 may bring a short-term relief bounce.
Bears are dominating for now!
Will TAO drop further or surprise the market with a reversal? ๐๐ฅ
TAO is trading around $183.56, down nearly 15% on the day.
๐ Key Support: $177.29 โ $174.14
๐ Key Resistance: $187.97 โ $201.79
The 4H chart shows strong bearish momentum. TAO is trading well below VWAP ($203.22), while rising selling volume signals continued downside pressure.
A break below $177 could trigger another bearish move. However, reclaiming $188 may bring a short-term relief bounce.
Bears are dominating for now!
Will TAO drop further or surprise the market with a reversal? ๐๐ฅ
