TAO/USDT Analysis — 4-Hour Frame
Data from the chart indicates a strong rebound from 260.6 and the price now around 301.2 with an increase exceeding +13%:
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Technical Signals
✔ Short-term trend is bullish after breaking EMA7
✔ Price is approaching a test of EMA25 (291–295) and has broken above it
✔ RSI = 78.9 → Overbought zone (potential correction)
✔ StochRSI 100% → Clear overbuy peak
✔ MACD is positive and widening → Continued upward movement is possible
❖ Volume is good but has started to gradually decrease → May indicate weakening momentum
Key Support 286 – 279
Stronger Support 260
Current Resistance 303
Stronger Resistance 320 – 332 (EMA99)
Long-term Target 349
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Potential Scenarios
1️⃣ Continued upward movement if it stays above 295
Target: 303 then 320–332
At 332 it may face strong rejection and correction
2️⃣ Potential short correction due to overbuying
Drop towards: 289–286 test of buying support
If level 279 is broken → Return to drop towards 260

