🧠 $TAO /USDT – Heavy Correction Near Key Support
TAO has dropped to $352.1 (-6.93%), breaking down from the $390+ resistance zone and struggling beneath all major moving averages — a sign of strong selling pressure.
📊 Market Snapshot: • 24h High/Low: $391.8 / $346.9
• Volume: 137.8K TAO | $50.63M USDT
• MA(7): $355.0
• MA(25): $371.5
• MA(99): $370.0
• Trend: Bearish — forming lower highs and losing bullish momentum.
🔻 Short-Term Bear Setup: • Entry: Below $349 confirmation
• TP1: $338
• TP2: $326
• Stop-Loss: $362 (above MA7 reclaim)
⚠️ If price breaks under $346.9 with volume, expect momentum to accelerate toward the $330 zone.
📌 Tip: Patience matters — avoid catching falling knives unless clear bullish divergence appears.
