TAO remains in a clear downtrend with lower highs and lower lows. Price is sitting inside a key demand zone and attempting to base.
• Structure – Testing the prior breakdown level. A confirmed shift here would be the first real sign of trend change.
• Momentum – Curling up from lows, but still needs expansion to confirm strength.
• Overhead Supply – Strong volume above may act as resistance on any bounce.
• Invalidation – Losing this demand zone likely leads to continuation lower.
This is a pivotal area. Either structure shifts here or the broader downtrend continues.
• Structure – Testing the prior breakdown level. A confirmed shift here would be the first real sign of trend change.
• Momentum – Curling up from lows, but still needs expansion to confirm strength.
• Overhead Supply – Strong volume above may act as resistance on any bounce.
• Invalidation – Losing this demand zone likely leads to continuation lower.
This is a pivotal area. Either structure shifts here or the broader downtrend continues.
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Check me out btdcrypto.com/links/
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.