taopriceanalysis

$TAO has filled each and every CME gap lately. Some took longer and some took less time, but eventually they all got filled.

Now what caught our attention is how slowly price is dipping to lower zones, yet there is no sharp or volatile move. This might indicate that a market structure break could form, which would activate a trend reversal.

This is what we are looking for — a proper MSB. Once we see that, we are going to aim for the fill of those unfilled CME gaps. #TAOPriceAnalysis

$TAO is showing a very similar setup to what we’ve seen before. After the EMA crossover, price had a strong dip and is now sitting back at the same local support zone where we previously saw a solid bounce.

This area is acting as a buy zone again. If buyers step in the same way they did last time, we could be looking at a similar upside move from here. As long as this support holds, the bias stays in favor of a bounce and continuation toward higher levels. #TAOPriceAnalysis

$TAO /USDC Update: The price has dropped to $313.2, down 4.31% with a 24h volume of 15,145.23 $TAO .
The 7-day MA is at $312.6, while the 99-day MA is at $319.8, suggesting a bearish trend. Will $TAO recover or keep declining? Share your thoughts.
#TAOPriceAnalysis #TAO