TAO Today's Analysis:

$TAO

Since TAO rose to 684 on October 12, it fell back after failing to break through 700, and as of the time of this writing, the price is around 533. Currently, from a daily chart perspective, TAO is forming a downward trend. Pay attention to the 470 position, which has formed strong support; if it breaks below, look for around 430.

From an hourly chart perspective, pay attention to the 500 position; if it breaks below, look for 470.

Around 538, there's a resistance level; support at 546.

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