🔥 $TAO Bullish Consolidation

The technical indicators (MA, MACD, BOLL squeeze, volume pattern) paint a picture of a strong uptrend undergoing a healthy consolidation. However, the overwhelming and persistent capital outflow across all timeframes is a major red flag that cannot be ignored. It suggests the rally may be lacking genuine, committed buying interest at higher levels.

Entry Long $TAO : 248.5-249.5 USDT

Stop-Loss: below support 245.0 USDT

Target Price $TAO : 255-258 USDT

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TAO
TAOUSDT
247.41
-1.46%

#tao #bittensor