AI Tokens Plunge, Opportunity or Trap? TAO, FET, and RENDER have experienced short-term corrections, and a good opportunity for bargain hunting is coming!

Market volatility intensified, and the three major AI tokens—Bittensor (TAO), Fetch.ai (FET), and Render (RENDER)—all suffered significant corrections. However, behind this seemingly unfavorable situation, there may be an excellent opportunity to buy at a "discounted price". After all, price adjustments often accumulate strength for bulls and breed the next round of rebounds.

TAO: Is the correction after the explosive rise ready to go?

TAO's recent 200% increase shocked everyone, but the short-term correction is a healthy consolidation period, and a bull market flag is forming. Despite the weakening trading volume, TAO is expected to move toward new four-digit highs once it breaks out of the current consolidation range. However, remain cautious and pay attention to the fluctuations of OBV. Once support falls, consolidation may continue.

FET: Opportunities for rebound in decline

The FET has been testing lower support in a rising wedge, which could pave the way for a rebound, although it is currently under bearish pressure. The key support at $1.4 is the bulls’ last line of defense, and once the temporary resistance zone is broken, the price could quickly rebound above $1.7. However, the RSI is biased towards the bears, so we may still have to wait and see in the short term.

RENDER: Strong support and stability, rebound and gain momentum

RENDER is holding on to support at $5.1 despite being under pressure from the selling pressure of the past few days. Although the bearish signal is significant, the long-term bullish trend has not changed. After short-term consolidation, RENDER is expected to strengthen again and return to its upward channel.

Is the decline a gift? Or a trap? Investors need to be careful, seize low accumulation opportunities, and maintain a flexible operating strategy! The market often creates opportunities in panic!

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