TAO drops 7% to $290.76, tests key support levels
- —TAO trades at $290.76 with a reported daily change of -7.03%
- —Price is below SMA-7 and SMA-15 but above SMA-20 and SMA-30
- —RSI stands at 54.8 while the MACD histogram is negative at -1.75
- —Trading volume is 16.63% below the 30-day average
Why it matters: The decline on below-average volume does not confirm capitulation, but keeps the risk of further correction in AI-linked tokens alive.
Source: DiarioBitcoin