Severe fluctuations are here! TAO breaks through support with a large bearish candle, indicating a clear downtrend!

Today, TAO suddenly experienced a sharp decline. From the daily candlestick chart, a large bearish candle has directly broken through the support level, forming a "bearish engulfing" pattern. The downward signals in the short term are very evident, and market sentiment has also cooled, putting considerable pressure on future movements.

Such severe fluctuations are often an important signal for market consolidation, and there may be greater volatility and reversals ahead. How should we respond to this situation? Old Chen is here to help you clear the fog, assisting you in making steady moves in the market and accurately navigating! Follow Old Chen, and every day he will bring you the latest market trends!

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