On 1D tf $TAO is currently rejecting the downtrend resistance line at 270-290. I’m expecting this to traceback to 214-218 zone where VAH is present. The reaction at that zone will be decisive.

$TAO is currently facing rejection at 280 level. 270-280 is a zone of great interest as Yearly VP , SD+1 of monthly and great cluster of short liquidity is also present. Moreover, on 1H price has also formed SFP. RSI is also showing divergence on 1H. Fait tail exists at 303 and monthly and weekly support of VP are at 228-238 where long cluster of liquidity is also present.

Lose the 270 level and we’ll see 228-238 zone to be tapped. Gain acceptance above 280 then 303-310 is next zone where it TAO can face rejection.

#TAO #bittensor
{future}(TAOUSDT)