📊 $TAO – Cautious recovery, gradually increasing basis
🗓️ Sunday, 24/08/2025
📰 Sentiment influenced by expectations of a dovish Fed and USD volatility; slight positive funding supports altcoin.
💰 Current price: ~365.25 — above EMA7 (~360) but below EMA25/99 (~368/~371) → short-term trend sideways–slightly up, resistance near 370–375.
📈 RSI ~50–52 neutral; MACD flat around 0 → weak momentum but improving.
📊 Futures: Open Interest ~51.5M USDT is increasing; Long/Short across the market ~1.28 (decreasing); Top Trader L/S (Accounts) ~1.39, (Positions) ~2.18 but slightly sliding; Funding +0.0050% → leaning LONG (~57%).
⚡ Positive and rising basis → moderately positive sentiment; Taker Buy sees a spike in buying.
🎯 Preferred trend: LONG 💹 (Buy) – Probability 57%
📍 Entry (Buying zone): 358 – 362
🎯 TP1 (Take profit 1): 372 ~ +3.3% compared to Entry
🎯 TP2 (Take profit 2): 395 ~ +9.7% compared to Entry
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💡 Did you know?
The funding rate is a periodic payment between long and short to keep futures prices close to spot. Positive funding indicates that longs are paying fees, often reflecting optimistic sentiment but increasing the risk of long squeeze when prices reverse.