TAO Gains 6.69% to $295.81 but Volume Runs 51% Below Average
- —TAO climbed 6.69% to $295.81 on $138.7 million in daily volume
- —Volume is 51% below the 30-day average and MACD remains bearish
- —Price trades above SMA-7, SMA-30, SMA-50, SMA-90 and SMA-200, but below SMA-15 and SMA-20
- —RSI sits at a neutral 55.1, with $302.77 as the key technical reference
Why it matters: A rally without volume or a catalyst may prove short-lived; a break above $302.77 is needed to confirm the trend.
Source: DiarioBitcoin