TAO drops 6.3% from open to $233.34
- —TAO at $233.34: down 6.3% from the $249.03 open and 1.93% from the $237.94 close
- —Price is below the 7-, 30- and 200-day SMAs, with the 200-day at $242.78
- —Trading volume of $277.79 million is 46.56% above the 30-day average
- —RSI at 35.2 and stochastic at 15.4 point to continued selling pressure
Why it matters: The slide tracks broad crypto selling with no Bittensor-specific catalyst, and technicals show no confirmed reversal signal yet.
Source: DiarioBitcoin