TAO wrapped up the month exactly at the 0.618 log Fibonacci support—this is the line in the sand right now. Holding this level matters. Breaking below opens up more downside, but bouncing from here? That's where the interesting moves could happen. The monthly close positioning makes this threshold critical to watch for the coming weeks. Technical traders should keep a close eye on how TAO behaves around this zone.
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.
8 Likes
Reward
8
5
Repost
Share
Comment
0/400
LiquidityHunter
· 13h ago
The 0.618 line really hits hard. If it breaks, it's game over...
View OriginalReply0
LiquidationOracle
· 13h ago
0.618 is really the life and death line. If TAO breaks it, it will continue to plummet, and only then will the rebound be interesting.
View OriginalReply0
UnluckyMiner
· 13h ago
If the 0.618 line is broken, we're doomed.
View OriginalReply0
DeFiAlchemist
· 13h ago
ngl the 0.618 phi resonance is giving transmutation vibes... TAO either alchemizes here or we're watching the descent into chaos. the ritual begins at monthly close tbh
Reply0
ExpectationFarmer
· 13h ago
0.618 is the destiny line; breaking it means disaster. The rebound is the real highlight.
TAO wrapped up the month exactly at the 0.618 log Fibonacci support—this is the line in the sand right now. Holding this level matters. Breaking below opens up more downside, but bouncing from here? That's where the interesting moves could happen. The monthly close positioning makes this threshold critical to watch for the coming weeks. Technical traders should keep a close eye on how TAO behaves around this zone.