LONG LIQUIDATION BLOODBATH! $TAO Bulls CRUSHED: A massive $93.5K long just got LIQUIDATED at $367.01! The bulls flew too close to the sun—and they just got burned. This isn’t just a dip; it’s a market shakeup that’s sending shockwaves through $TAO . Key Details: Liquidation Size: $93.5K — a major hit that could trigger further downside pressure. Critical Price Level: $367.01 — now a key resistance zone. Market Sentiment: Bulls are shaken, bears are eyeing blood, and volatility is through the roof. What’s Next? For Bears: This is your playground now. Look for breakdown confirmation below $367 for a potential freefall. Momentum is on your side—strike wisely. For Bulls: Don’t panic—strategize. Watch for strong support levels below. If price stabilizes with volume, there’s room for a comeback. Revenge trading = risky. Neutral? Perfect hunting ground. Wait for consolidation—breakout or breakdown will give you the edge. Final Thought: This isn’t just a liquidation; it’s a battle cry. The market is ruthless right now—adapt or get liquidated. $TAO #LiquidationAlert #CryptoCrash #MarketVolatility #TAO #BTCHovers100k #BitcoinReserveWave #BitcoinReserveWave TAO 363.3 +2.86%
BUY or SELL ❓$TAO /USDT: Testing Support After a Steep Decline❗$TAO has taken a sharp dip, trading at $306.1 with a significant 21.35% drop in the last 24 hours. After hitting a high of $392.5, it has retraced towards the $236.1 low, reflecting a potential retest of critical support levels. The RSI at 20.9 signals oversold conditions, hinting at a possible rebound.
Key Levels to Watch:
Resistance: $330.5 – A breakout here could signal a recovery toward $350.
Support: $287.1 – Holding above this is essential to prevent further downward movement to $236.
Momentum Insight:
The MACD is bearish, with the Parabolic SAR confirming the downward trend. However, with the RSI nearing oversold territory, a bounce-back rally could be in play if buyers re-enter the market.
Bottom Line: TAO is under pressure but nearing critical support. Traders should wait for confirmation of a trend reversal before entering positions, while cautiously monitoring the $287.1 support level.
$SAGA Dead Cat Bounce! The market is struggling to warm up, driving a slight rise in garbage stocks, exceptionally weak! Once it consolidates, it will immediately target 0.08! Empty out!!!!