$TAO Trade Update – June 11, 2025 — #TAO/USDT is currently trading around $433.2, with today's range between $415.2–$434.5.

Technical Analysis:

RSI is holding near 60 on the 4H chart—still in a bullish range with some room to move. MACD remains positive but momentum is flattening slightly. $TAO is comfortably above the 20 EMA ($420) and 50 EMA ($400), and the long-term structure is intact with the 200 EMA down at $350.

Key Levels: I'm watching support at $420 and $400, with resistance at $440. A strong breakout above this level could open the door to $480–$500.

Macro Impact – CPI Data: Today's CPI came in slightly cooler than expected at 2.4% YoY, raising the chances of a Fed rate cut and adding fuel to the current crypto rally. Bitcoin and altcoins are reacting positively, and $TAO could benefit from broader market momentum.

My Plan: If #TAO dips back to the $420–$425 zone and RSI resets near 50–55, I’m looking to go long again with targets at $480–$500 and a stop below $400. Still bullish as long as we stay above $400, but keeping an eye on macro updates like upcoming PPI and Fed remarks. (Not financial advice—just sharing my perspective.)