#Buyingselling positions based on the indicators shown:
#TAO🔥🔥🔥🔥 🥨🛟
Buy near support (329–331) if RSI stabilizes and candles move back above EMA(10).
Sell/Take profit near resistance (335–336).
If EMA(30) breaks downward with RSI < 50, expect further downside💖🧚👈😭🌠🪅.
#AltcoinMarketRecovery $TAO Chart Overview (TAO/USDT)
Current Price: 330.9
24h High / Low: 335.9 / 320.9
Change Today: +2.29%
Trend: Short-term uptrend, now showing slight pullback🌞❄️👌
Indicators
EMA (Exponential Moving Average)
EMA(10) = 331.8 (yellow line)
EMA(30) = 329.9 (pink line)
#MarketPullback Since EMA(10) is above EMA(30), this suggests a short-term bullish trend.
#BinanceHODLerOPEN Price is slightly below EMA(10), meaning a short-term pullback is happening.
RSI (Relative Strength Index)
RSI(12) = 51.6
RSI(50) = 57.4
Both values are in the neutral zone (40–60) → no overbought or oversold signal.
RSI shows slight cooling down after hitting near 60 earlier.
Candlestick Pattern
The price recently peaked at 335.9 and is now consolidating around 330–332.
Red candles indicate a short retracement after a strong upward move.