TAO Falls 6.67% to $273.86, Tests Support Levels
- —TAO trades at $273.86 with a 6.67% daily decline
- —Volume of $346.7 million is 19.18% above the 30-day average
- —Price sits below SMA-7 and SMA-15 but above SMA-50 and SMA-200
- —TAO is down 12.43% over seven days but up 5.51% over 30 days
Why it matters: Short-term weakness within an intact longer-term trend: traders should watch whether the $259 SMA-50 support holds.
Source: DiarioBitcoin