🔍 Bittensor (TAO) Technical Analysis: Will the Drop Continue?

$TAO has seen impressive growth within the AI-crypto space but recently faced declines. Are we in for more volatility? 📉

Key Indicators:

🔹RSI at ~50: Neutral market mood, no clear buying or selling signals.

🔹MACD: Negative divergence, hinting at potential price corrections.

🔹SMA & EMA: Suggest short-term stability amidst noise.

🔹ATR: High volatility, suggesting price swings are ahead.

With major whales influencing long positions and Nvidia's earnings report due Nov 19, the trajectory of Bittensor remains one to watch closely.