I was glued to $TAO today and something felt off after the strong push-up. Price started slowing, the momentum simply vanished, and the chart now confirms it: clear bearish divergence on the RSI, clean breakdown below the 50-period EMA, and a heavy red arrow pointing lower.
Broader market jitters from Iran news are adding fuel to the fire. Short-term forecast: bearish continuation likely toward the $300–$310 zone unless we see an immediate volume spike and reclaim. Tokenomics are solid long-term, but right now the technicals are screaming caution. Tighten those stops or consider trimming – this one has more downside risk before any meaningful bounce.
$TAO holders – holding through the dip or trimming positions? What price would make you buy more?
#TAO #BearishDivergence #MarketSentimentToday #CryptoWarning #AnonymousTraderPK