#TAO
📌 Current Basic Data
Price: $407.41 (–5.40% in the last 24 hours)
**Intraday Range:** $406.04 – $438.37
Market Cap: ~$3.87 billion
24 Hour Volume: ~ $184–185 million USD
📈 1 Month Technical Analysis
📊 Sentiment & Formation
According to Bitget technical indicators: 5 oscillators sell, 12 buy, 8 neutral. Overall technical signal: **“Buy”**
According to Investing.com’s analysis: daily strong sell, weekly neutral, monthly outlook reported as “strong sell” —
weighted downward trend
🔍 Indicator Details
RSI (14): ~24.25 → in the oversold region (potential buy risk)
Stochastic %K: ~18.8 → oversold
StochRSI: 0 → again oversold signal
MACD: negative (downward trend)
ADX: ~40.4 → strong trend signal (currently a significant movement in the downward direction) #Write2Earn
📍 Pivot & Price Levels
Pivot Point: $408.23
Support:
S1 ≈ $422.72
S2 ≈ $416.24
S3 ≈ $410.74
Resistance:
R1 ≈ $434.70
R2 ≈ $440.21
R3 ≈ $446.69
📈 Performance Summary
7 Day Change: Approximately –6%
30 Day Change: Around +23% (CoinGecko)
🧭 Strategic Recommendation
Entry: A reaction buying from the lows between $406–$408 may be considered due to RSI being oversold.
Resistance Scenario: A permanent close above $434 may signal a transition to upward momentum.
Stop-Loss: Loss control is recommended in case of drop below $404 or S3.