🚨 TAO/USDT — double top!
Price: 338 USDT, recently dropped from 348.7. On the 1H chart, a short-term downward trend is visible.
📉 Pattern: double top
Max: 372.9
Min: 335.2
Neckline: ~335
⚠️ Signals:
EMA 7 < EMA 25 and EMA 99 → bearish momentum
MACD bearish crossover
RSI and Stochastic oversold → possible rebound
🎯 Potential targets after breaking the neckline:
1️⃣ 320 USDT
2️⃣ 305 USDT
3️⃣ 297 USDT
💡 Strategy:
Sell on a close below 335, stop-loss 342
Or rebound from 338 → short-term buy until 345–350
TAO is balancing on the edge — watch the neckline and prepare for movement!
Spot trading 👉$TAO
Futures 👇
{future}(TAOUSDT)