2026-01-08 16:24:18

TAO has broken through the 283.36 level, but the upward momentum has clearly slowed down. From the 1-hour chart, the MACD has already shown a bearish crossover signal at high levels, which usually indicates that the short-term bullish momentum is beginning to weaken. Meanwhile, the RSI indicator is approaching the overbought zone at 60, suggesting that the buying strength is easing.

The current price hovers around 281.94, and technical signs of correction are beginning to appear. This position can be considered for gradually establishing short positions, but strict risk management should be in place—set the stop-loss above 285.00.

Key support levels below are at 275.00 and 270.00, which are the main short-term correction targets. If the price can effectively break below 275, the probability of further decline to 270 will significantly increase. Investors are advised to enter in stages according to their risk tolerance, while closely monitoring whether the trading volume can effectively support the move, as this is crucial for judging the subsequent trend.

TAO-2,54%

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GreenCandleCollector

· 01-10 06:51

TAO feels like it's about to crash this time, the MACD death cross has already appeared. I had already reduced my position. Short-term space isn't much, let's wait and see if 275 can hold. It's another familiar correction, so boring. Still waiting for the next opportunity. I sold a bit too early and regret it, but at least I'm still alive and making a profit. Breaking through 283 is really pointless, just as bad as I expected.

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OffchainWinner

· 01-08 16:50

Still waiting after the death cross? Once it breaks 275, just go straight to 270. It all depends on the trading volume and whether it cooperates.

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HodlKumamon

· 01-08 16:39

A death cross has occurred, a death cross has occurred. The bear predicts that the probability of this correction is at least over 70%(◍•ᴗ•◕) --- RSI is almost 60, yet you're still daring to chase. Aren't you asking for trouble? --- I've marked the 275 level, waiting for it to come down. --- Strict stop-loss is truly lifesaving. If it goes above 285, confidently admit defeat and don't deceive yourself. --- Without volume support, any support level is useless. That's the key. --- The bear suggests entering in batches, don't go all in at once. The market can turn around so quickly. --- I believe in the high-level death cross signal; the historical data is there. --- Let's see if it can drop to 270; that would be a real buying opportunity.

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DataChief

· 01-08 16:35

A death cross has occurred again. Is it time to dump the market? I think if the 275 level doesn't hold, it will head straight to 270. If the trading volume can't keep up, just wait and see.

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GovernancePretender

· 01-08 16:31

Still hesitating after the death cross, isn't it better to directly buy the dip at 275?

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