Bittensor / USDT

TAO Update in a Daily Timeframe

TAO is currently in a descending triangle pattern, forming a downtrend. After being rejected by the 100 EMA and the resistance trendline, TAO has dropped nearly 28% and is currently holding support at $260.

If TAO fails to hold the primary support, it is expected to find support at $212, followed by a potential rebound.

For a bullish rally, TAO must break out above the 100 EMA and the resistance trendline, either from the primary support or the lower support.

Note: Be sure to conduct your own research and analysis before investing.

Regards,
Team Dexter.

#Tao #Crypto

免責事項

これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。