TAO's technical signals are weakening increasingly. The 10-day moving average at 286.8 is forming a resistance ceiling, and every rebound is thwarted before this line, unable to even break through the short-term moving average. The RSI has already fallen into the weak zone at 39, which is a typical bearish signal. Looking at MACD, the death cross at high levels has been completed, and the green histogram turning negative confirms that bearish momentum continues to be released.
More critically, there is a volume issue—trading volume has plummeted to around 20,000, and market enthusiasm has hit a freezing point. In this liquidity vacuum, even a small sell-off can cause a significant decline. Currently, at the price of 280.19, there is still considerable room for adjustment. Instead of waiting to be passively hit, it’s better to take advantage of the clear signals and enter the market directly at the market price. Opportunities like this won’t wait forever; missing it is missing it.
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ShamedApeSeller
· 8h ago
The trading volume is so terrible, what technical analysis are you talking about? It's all fake.
That line at 286.8 is like a nail, every rebound dies there. So annoying.
RSI is already at 39, and you're still talking about opportunities. Isn't this just inviting a knife?
I accept the death cross on MACD, but the liquidity is really too poor. It feels like playing when it crashes.
Can it really bottom out at 280? I doubt it, need to watch some more.
Volume collapsed to 20,000, no one is trading in the market anymore. I'm not interested in chasing either.
It's just missed opportunities, what's the rush? I just don't want to hurry.
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FlashLoanLarry
· 01-09 02:54
Well, TAO this time is indeed a bit tragic, with explosive trading volume
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286.8 can't be broken, repeatedly smashing the sell button is a bit annoying
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Market order to enter? I think it's risky, still has to fall
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Who dares to buy in a liquidity vacuum
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RSI is already at 39, isn't that enough for a bearish signal
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Let's wait and see if it can break below 280
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The biggest warning sign is the death of trading volume, alright
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Entering at this time easily makes you the last bagholder
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MACD has already shown a death cross, the downward momentum is still far from over
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Is 280 really the bottom? Who knows?
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screenshot_gains
· 01-09 02:53
Here we go again with the same rhetoric... If it can't break 286.8, just smash it directly? When the trading volume collapses, it's actually more dangerous, alright?
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TAO this wave is really suffocating, with the heat at a freezing point and still daring to shout about opportunities. I think it's a trap.
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Wait, with a trading volume of 20,000, you still dare to chase short? Isn't that looking for death?
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Entering at market price? Bro, are you trying to bottom fish or get wiped out?
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RSI 39 is indeed weak, but in this kind of volume environment, honestly, no one dares to move.
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Only if it breaks 280.19 is it worth watching. What are you hyping now?
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Every time it’s shouted like this, it’s more likely to be smashed in the opposite direction. Clear signals? I think it’s a clear trap.
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SignatureCollector
· 01-09 02:47
Here we go again with the same explanation, shrinking trading volume is indeed ugly, but is it really not brave to throw in now?
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286.8 pressure is so dead, even the rebound gets hammered back, feels like it will keep falling later.
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Damn, the trading volume collapsing like this, no wonder a single sell order can break through.
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Wait, is the last sentence of this article advising me to buy the dip or scaring me? I'm a bit unsure.
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RSI 39, MACD death cross, volume at freezing point, such a powerful combo, TAO is really about to put on a big show.
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At the 280 mark, if it drops further, will it directly find support at 280? Feels like there's still quite some room.
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Every rebound ends in failure, indicating this time is really different, no one is playing in the market anymore.
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This kind of liquidity vacuum is the most dangerous, big players smashing it creates a deep pit, retail investors should just watch for now.
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Layer2Observer
· 01-09 02:42
With such weak volume, how can you be so sure? Interesting, signals under low liquidity are often the least reliable, this needs to be clarified.
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PonziDetector
· 01-09 02:32
286.8 still can't break through, is this time really different? I'm honestly amazed by this kind of volume collapse
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MACD death crosses so many times, and every time they say this time is different, uh...
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Wait, still dare to buy the dip in a liquidity vacuum? Isn't that gambler's mentality?
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RSI is already at 39, still want to enter the market, your courage is really big
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Feels like it will continue to fall around 280, I'll wait and see
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Again with the "missed is missed" excuse, I'm getting tired of hearing it
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A trading volume of just over 20,000 can cause a dump, the risk is indeed high
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Short-term moving averages can't be broken, there's definitely more room to go
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Entering the market in this kind of行情? I think it's better to wait for a more stable opportunity
TAO's technical signals are weakening increasingly. The 10-day moving average at 286.8 is forming a resistance ceiling, and every rebound is thwarted before this line, unable to even break through the short-term moving average. The RSI has already fallen into the weak zone at 39, which is a typical bearish signal. Looking at MACD, the death cross at high levels has been completed, and the green histogram turning negative confirms that bearish momentum continues to be released.
More critically, there is a volume issue—trading volume has plummeted to around 20,000, and market enthusiasm has hit a freezing point. In this liquidity vacuum, even a small sell-off can cause a significant decline. Currently, at the price of 280.19, there is still considerable room for adjustment. Instead of waiting to be passively hit, it’s better to take advantage of the clear signals and enter the market directly at the market price. Opportunities like this won’t wait forever; missing it is missing it.