$TAO About to PLUMMET? 📉

$TAO’s chart is screaming bearish. Price remains firmly under key moving averages, and this recent bounce? Looks like a dead cat bounce to me. 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, then 280.45, 277.58, and finally 274.71. Bulls need to break 286.18 to invalidate this setup.

This isn’t a reversal; it’s a reload for the bears. 👀🔥 #TAO #CryptoTrading #Bearish #Altcoins 🐻

TAO
TAOUSDT
261.43
-1.81%