đ 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? đ
Key Indicators:
đčRSI at ~50: Neutral market mood, no clear buying or selling signals.
đčMACD: Negative divergence, hinting at potential price corrections.
đčSMA & EMA: Suggest short-term stability amidst noise.
đčATR: 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.