Everyone is waiting for a $TAO reversal signal that announces itself.


Reversals never do. They show up in the boring data first.
Here is what the daily chart is quietly printing right now.
Price is holding 212 after a higher low near 195, sitting above the June bottom at 180.
MACD histogram just flipped positive for the first time since the mid June rejection.
RSI has climbed back above its own average from near oversold.
That combination is not strength yet. That is selling pressure running out of fuel while nobody is watching.
The only level that matters is 225.
Reclaim it and the sequence of lower highs that has defined this entire downtrend breaks.
Lose 195 and the June low gets retested. Simple map, two outcomes.
This is how every Bittensor bottom has looked before the crowd noticed one.
The trend is still down until 225 falls.
The people who wait for the headline will be buying from the people who read this chart.
TAO-0.14%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned