$TAO About to Crash? 🚨

$TAO is looking incredibly weak right now. Daily and 4H charts are firmly bearish, price is stuck below key moving averages, and this recent bounce feels like a trap. Momentum is fading fast.

A break below the 1H EMA50 with the 15m RSI dropping under 50 will confirm the downtrend is back in control. Expect another leg down. Key levels to watch: 282.60 – 284.03, 280.45, 277.58, and 274.71. Bullish invalidation? A break above 286.18. This bounce is giving bears more fuel. 📉

#TAO #CryptoTrading #Bearish #Altcoins 🐻

TAO
TAOUSDT
229.42
-1.35%