#TradeWarEases

$TAO shows fatigue in its upward trend: Is a technical correction towards 400 needed to regain momentum?

Is it time to take profits and re-enter?

The price of TAO, after recently reaching 452 units, shows signs of weakness in its bullish structure. Technical analysts point out that the asset has entered an overbought phase, reflected in a weekly RSI exceeding 75, suggesting temporary exhaustion. In the daily chart, a bearish divergence between the price and the MACD indicator is observed, a classic pattern that anticipates corrections.

Experts highlight that for TAO to regain strength and consolidate a new bullish momentum, a correction towards key support levels would be necessary. The area of 400-410 emerges as a critical technical target, coinciding with the 200-day moving average and a 38.2% Fibonacci retracement (measured from the minimum of 280 to the current 452). A controlled drop to this zone could attract institutional buyers, revitalizing the trend. "Without a healthy pullback, the rise loses credibility. 400 is the litmus test for the bulls," warns an institutional trader.