$BTC #btcdom tá caindo junto, depois o BTC vai subir, mas a dominância do BTC vai aumentar. O BTC vai cair de novo, e dessa vez, os altcoins vão ser esmagados. Chega já dessa jogada!
$SSV why is this level 9.5 being protected like a castle I swear we are tired let it go down wherever it goes or don't block its way bro how long will it be red red
$TAO Weekly Technical Analysis: Support and Resistance Levels
Support Levels
$414.43: Short-term first support point.
$405.52: A stronger support level.
$398.97: An important psychological and technical support level.
Resistance Levels
$429.89: Short-term resistance just above the current price.
$436.45: Medium-term resistance point.
$445.36: A strong resistance level.
Technical Indicators and Patterns
MACD: It is in the negative zone, indicating that short-term downward pressure continues.
RSI: Below the 50 level, indicating that momentum is weakening and selling pressure is increasing.
ADX: Trend strength is weakening; the ADX value has fallen from 47 to 23.16, indicating that the current trend
is weakening. BelnCrypto
Short-Term Expectations
TAO's price is currently trying to stay above the critical support level of $414.43. If this level cannot be maintained, it is likely that the price will pull back towards $405.52 or $398.97 levels. On the other hand, if the price breaks the resistance at $429.89, levels of $436.45 and then $445.36 can be targeted.
How TAO will start the week depends on how the aforementioned support and resistance levels will be tested. Technical indicators are currently neutral or slightly bearish. Therefore, it is important to be cautious when making investment decisions and closely monitor market developments.