š„$TAO Showing Strong Daily Gains but Recent Dip on the 4-Hour Chart! š
$TAO is currently trading at $375.4, marking an impressive +8.18% increase today! However, looking at the 4-hour chart, the most recent candle shows a slight pullback of -0.85%, indicating some short-term profit-taking or consolidation.
š Key Observations:
ā¬ļø 24h High: $389.5
ā¬ļø 24h Low: $345.1
š° Current Price: $375.4
š Today's Performance: +8.18%
š Recent 4h Change: -0.85%
š¤ What to Watch Closely?
The $370 level could act as immediate support on this short-term pullback. If this level holds, we might see a continuation of the daily uptrend. However, a break below could lead to a deeper retracement. The 24-hour high of $389.5 is the key resistance to watch for a potential breakout. Keep an eye on trading volume to confirm the strength of any bounces or further declines.
ā ļø Be mindful of potential volatility after significant daily gains. Trade responsibly and manage your risk.
ā”ļø Buy and Trade TAO here! [Link to TAO/USDT on Binance]
