🚨$TAO DEEP DIP OPPORTUNITY? 📉
TAO/USDT is currently trading at $197.5 (-4.00%) — showing strong OVERSOLD signals! 🧐
📍 Key Technical Alerts:
· RSI(6): 18.9 🔻 (Extreme oversold territory)
· RSI(12): 30.5 🔻 (Approaching oversold)
· RSI(24): 38.1 📉
· MACD Stoch: K=23.3, D=34.6, J=0.9 (Possible reversal zone)
📊 Price Range:
· Recent High: ~$588.7
· Current: $197.5
· Potential support zones forming
🔍 Why $TAO?
· Bittensor (TAO) is a leading decentralized AI/machine learning protocol (Layer 1)
· Strong fundamentals in AI + blockchain narrative
· Active development & growing ecosystem
⚠️ Watch Out:
· Market still in downtrend
· Volume confirmation needed for reversal
· Major support around $190–$195 zone
🎯 Next Levels to Watch:
· Resistance: $216 → $315 → $413
· Support: $197 → $140 (strong)
🤔 Is this the bottom for $TAO?
Or more downside ahead?
👉 Like if you’re watching TAO
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