TAO drops 3.74% to $269.32 as volume runs 36.7% below average
- —TAO trades at $269.32 after closing the prior session at $282.15
- —Daily volume of $179.75 million is 36.7% below the 30-day average
- —Price is below SMA-7/15/30 but above SMA-50 ($265.98), SMA-90 and SMA-200
- —RSI at 45.2 and stochastic at 22.8 signal moderate weakness
Why it matters: Losing the 50-day SMA at $265.98 would signal further downside, while reclaiming the $277.55 VWAP would confirm a rebound.
Source: DiarioBitcoin