TAO/USDT Market Update
1. Current Price and Change
Price: $524.4
24-Hour Change: -2.98%
2. 24-Hour Range
High: $545.1
Low: $485.6
3. 24-Hour Trading Volume
Volume (TAO): 138,353.20
Volume (USDT): $71.02M
4. Technical Indicators
Average Price (AVL): $524.9
Resistance Levels: $533.6, $539.8, $545.1
Support Levels: $521.4, $485.6
5. Key Observations
TAO/USDT has experienced a price dip of nearly 3%, suggesting bearish momentum in the short term.
The price is currently close to the support level at $521.4, which may act as a critical point for potential rebounds or further declines.
6. Trading Strategy
Buy Zone: $485–$500 (if price approaches the 24h low).
Sell Targets: $533, $540, $545 (key resistance levels).
Stop Loss: $480 to minimize risk.
7. Insights
The current trend indicates caution, but if TAO breaks above $533.6, it could recover its losses. Watch for strong buying volume near the support levels for potential rebounds.
8. Disclaimer
This analysis is for informational purposes only. Conduct your own research and trade responsibly.