⚠️ $TAO Dips 4% — Is This Just a Healthy Pullback or the Start of a Larger Drop? 📉⏳

TAO/USDT is currently trading at $427.5, down -4.26% over the last 24 hours. After reaching a 24h high of $454.5, the price has pulled back to a low of $420.4, signaling short-term bearish momentum in the Layer 1 sector.

With 93,360 TAO traded and over $40.9M USDT in volume, activity remains high — but pressure is mounting. If TAO breaks below the $420.4 support zone, we may see a drop toward $410–$405.

However, if it stabilizes above $427 and breaks through $430.5–$436, a bounce-back to $441–$447 is likely.

📊 Market Snapshot:

• 24h High: $454.5

• 24h Low: $420.4

• Volume (TAO): 93,360

• Volume (USDT): $40.90M

TAO is at a decision point. Smart traders should wait for confirmation before entering — this could be a setup for either a sharp rebound or a deeper correction.

#TAOUSDT #Layer1Token #BinanceTraders #CryptoUpdate #AltcoinAnalysis $TAO