🚨 TAO — target zone ahead; parabolic or pullback — structure will tell.

• Price (spot): ≈ $415.

• RSI (14): neutral → no clean overbought signal on daily.

• MVRV Z-Score: moderate — on-chain shows measured profit-taking. $YB

• Futures funding: mild positive across venues → levered longs present. $BEL

• SOPR / MA distance: price trading above short/50/200-MAs (bullish bias) but profit pockets at recent highs.

React 🐻/🐂 — scalp the run or wait for a retest?

#TAO $TAO #bittensor #PowellRemarks #BinanceHODLerENSO #BinanceHODLerYB