Analyzing Bittensor’s 7% drop after its Raydium rally – What’s next for TAO?
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5 Articles
TAO Drops 7% After the Raydium Rally: Is a Bigger Move Coming?
The token dropped 7% as open interest and spot demand weakened. Bulls must reclaim $291.6 and $300 to strengthen the recovery outlook. A dip toward $190 could attract buyers seeking another bullish reaction. Bittensor — TAO, has suffered a sharp pullback after showing strong momentum earlier this month. The token dropped nearly 7% within 24 hours. TAO has also posted losses each day since Monday, September 7. Open interest fell 14.3% during the …
TAO Price Could Target $300 Rally Amid Growing Ecosystem Adoption
TAO price is retesting the $230 support zone after recovering from its August low near $186. With RSI near neutral and MACD momentum weakening, buyers need to defend support to keep the recovery structure intact and potentially push TAO toward $275 and $300.
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