$TAO currently shows a ranging market structure, with prices hovering around 319.7 USDT.
Immediate support is located at 314.4 USDT, while resistance stands at 330.6 USDT.
Given the RSI at 45.51, momentum appears neutral, suggesting caution in entering trades.
A potential strategy could involve a breakout above 330.6 USDT for bullish action.
Traders should monitor Bitcoin's volatility closely, as macroeconomic factors may affect TAO’s trajectory.
