🔎Latest updates on $TAO

💹 A look at the 24-hour chart shows $TAO correcting significantly by -7.04%, trading at $396.40. According to CoinGecko, this sharp pullback comes after a period of massive outperformance, with daily trading volume remaining high at over $339 million.

🛡️ According to The Block, Bittensor is a decentralized protocol enabling a marketplace for machine learning models. The intense interest in AI cryptocurrencies has positioned TAO as a leader, allowing AI models to interact and be compensated on-chain.

📈 Technical analysis from TradingView indicates a sharp but expected correction after a parabolic rally reached overbought levels. The price is now pulling back to test previous resistance levels as potential new support. Traders are watching key Fibonacci levels for potential bounce zones.

🔔 Like and follow for the latest real-time news and analysis.

⚠️ Remember that every investment decision is personal, and this content does not constitute financial advice.
#BearishAlert #Aİ #TAO #Write2Earn