📊 TAO/USDT Market Update🚀
TAO is currently trading at $392.5, showing a +0.93% gain in the last 24 hours. The price touched a 24h high of $399.1 and a low of $380.1.🚀
Technical Snapshot:
MA(7): $380.2 – Short-term trend remains slightly bullish above this level.
MA(25): $373.9 – Price holding above this medium-term support.🚀
MA(99): $404.6 – Still below long-term resistance, indicating consolidation.
RSI(6): 55.4 – Neutral zone, suggesting neither overbought nor oversold conditions.
Trend Insight:
After a previous dip to $167.8, TAO has recovered strongly but is now facing resistance around $400-$405. A breakout above MA(99) could open doors to the next target near $520, while failure to hold $380 may see a pullback toward $350.
Outlook:
Sideways consolidation with a bullish bias. Watch for volume spikes to confirm the next move. 🚀
