$TAO - Price analysis: LOCAL TOP IS PROBABLY HERE ❗️
The main uptrend keep supporting the prices at the moment.
But; seeing many test of the uptrend in a short period of time is never good! It usually indicate that the bullish momentum is becoming weaker. ⚠️
The daily price is also highly overbuy ⚠️
In my opinion the 600$ zone is the local top of this bullish hype! Many early buyers will probably start to book profits!
The uptrend bullish momentum is still high, but I think that the price will start to correct toward 500 - 480 or even 460$ from here! 📉
💡In any case, I wouldn't recommend buying in such an overbought zone! You have plenty of others #altcoins that havn't started to move!
