$TAO Bittensor Breakdown - AI Token Under Pressure?

$TAO tumbled from 362.1 to 338.4, recovering marginally to 340.1 but still down -3.95% daily. The 1H candles exhibit strong red momentum post-peak, with bounces lacking conviction in this Layer 1 AI project.

Trade Setup (Short)

• Entry Zone: $339 – $341

• Stop Loss: Above $345

• TP1: $335

• TP2: $330

• TP3: $325 (extended target)

Market Insight:

Volume rose on the drop, reinforcing bear control as price sits below MAs. If below $345 holds, acceleration likely key support at $338.4; failure here opens extended downside amid sector weakness.

Buy and trade $TAO here👇🏻

#TAO #TAO/USDT #InsightBulletin #REVABinanceTGE #AltcoinSeasonLoading