📉 💡TAO Price Analysis🔻 –
TAO is showing a bearish trend this week.💡
🔻 After peaking near $430, TAO has dropped to around $358, confirming resistance at the $400+ level.
🔍 Technical indicators suggest a cool-off phase, with RSI dipping below 50 and MACD showing downward momentum.
💡 Key Levels to Watch:
Support: $340 and $320
Resistance: $380 and $410
📊 If the price breaks below $340, we could see further correction. On the flip side, reclaiming $380 may spark a recovery rally.
🧠 Strategy: Wait for a confirmed bounce or a break of support for short-term direction.
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