Is $TAO actually waking up or is this just another trap?
We’ve been watching this thing bleed out for weeks, but it finally found some decent support around that 142 area. Now it’s just chopping around 184, trying to decide if it wants to reclaim the 200 level or just head back to the basement.
The volume on these green candles is okay, but nothing to get too excited about yet. We’re essentially just range bound between 165 and 195.
If we can close a daily candle above 195, I think we might actually see some momentum. Until then, it’s just a waiting game to see if the buyers can actually hold this ground or if the sellers are just taking a breather.
#GateLaunchesGateforAI
We’ve been watching this thing bleed out for weeks, but it finally found some decent support around that 142 area. Now it’s just chopping around 184, trying to decide if it wants to reclaim the 200 level or just head back to the basement.
The volume on these green candles is okay, but nothing to get too excited about yet. We’re essentially just range bound between 165 and 195.
If we can close a daily candle above 195, I think we might actually see some momentum. Until then, it’s just a waiting game to see if the buyers can actually hold this ground or if the sellers are just taking a breather.
#GateLaunchesGateforAI
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