When the screen is filled with green, I actually put my emotions aside first and seriously looked at how this drop came about. Last night, the chart kept swinging around at high levels—
$TAO tried a few times to push higher, but sell pressure was strong; buyers never managed to hold it. Every time the price got close to the upper boundary, it quickly slid back down. This kind of action looks more like a re-testing and re-finding of key levels after a bounce ends.
After confirming weakness in the morning, I placed a long position around 258.4. I didn’t bet on the most extreme spot—just traded