TAO previously gained momentum through AI storytelling, but now that the positive news has exhausted, funds are starting to cash out and run, causing the market to be directly smashed through. Retail investors still holding on tightly should be careful of being buried.
Technical analysis on the 1-hour chart: Price broke below the middle band of the Bollinger Bands, KDJ formed a death cross downward, and the bearish momentum continues to be released.
First target: 179.09 Second target: 167.92 Stop loss: 201.51
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$TAO Empty Empty Empty 📉
TAO previously gained momentum through AI storytelling, but now that the positive news has exhausted, funds are starting to cash out and run, causing the market to be directly smashed through. Retail investors still holding on tightly should be careful of being buried.
Technical analysis on the 1-hour chart: Price broke below the middle band of the Bollinger Bands, KDJ formed a death cross downward, and the bearish momentum continues to be released.
First target: 179.09
Second target: 167.92
Stop loss: 201.51
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