$TAO/USDT) chart is heating up on the 15m timeframe! We are seeing a classic battle between bulls and bears as TAO hovers at $262.7.
Here is the pulse of the market right now:
* The Price Action: TAO hit a 24h high of $270.4 but took a sharp dip to $255.3. It’s currently fighting back, down a minor -1.57%.
* Moving Average Squeeze: The price is wedged tight between the MA(7) @ 262.6 and MA(25) @ 262.0. This "tight coil" usually leads to a violent move in either direction.
* The Resistance: The MA(99) at $264.3 is acting like a heavy ceiling. If TAO flips this level into support, we could see a moonshot back toward the $270 zone!
* Volume Check: Trading volume is sitting at $20.86M USDT—the liquidity is there, but the market is waiting for a lead.
> Trader's Note: TAO is currently trading at approximately Rs 73,624.3. Watch the $259 support level closely; if that holds, the momentum remains in favor of the buyers!
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Will TAO blast through the resistance or slide back to the lows?
Would you like me to analyze the 1-hour or 4-hour trend to see if a bigger breakout is brewing?
