TAO Shows Signs of Recovery After Week-Long Decline
TAO has gained 1.87% over the past 24 hours, marking a potential end to its recent 7-day downtrend. The bounce comes amid broader strength in AI tokens, fueled by major partnerships like the Nvidia-Groq collaboration that's catching investor attention.
A key catalyst supporting the recovery is the upcoming supply reduction. With emissions set to drop by 50% through the halving event, the tokenomics shift could provide additional upside momentum.
From a technical standpoint, TAO is showing classic oversold reversal signals. The RSI has bounced sharply from oversold territory, while price action is holding near Fibonacci support levels—a combination that often precedes trend reversals.
Critical price levels to watch:
• Support zone: ~$230 • Bullish confirmation point: above $261
The recovery is underway, though traders should wait for the price action above $261 to confirm a genuine trend flip. Until then, keep an eye on volume and how TAO holds at current support.
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SudoRm-RfWallet/
· 2025-12-30 07:03
Is this another signal of a trap for new investors? Last time, I noticed that such rebounds were always contrary indicators.
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SybilAttackVictim
· 2025-12-29 08:50
If 261 can't break through, it's still just a feint. Let's wait and see if the halving can really be powerful.
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TokenVelocity
· 2025-12-29 08:49
Wait, it only increased by 1.87% and you're already saying it's a recovery? We need to break 261 to be meaningful. What should we say now?
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gas_fee_therapist
· 2025-12-29 08:48
Only after breaking this critical point at 261 do I dare to move. Now you want me to jump in during the rebound? Dream on, haha
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ThesisInvestor
· 2025-12-29 08:37
This critical level at 261 must be broken for it to count; currently, the rebound is just a false alarm.
TAO Shows Signs of Recovery After Week-Long Decline
TAO has gained 1.87% over the past 24 hours, marking a potential end to its recent 7-day downtrend. The bounce comes amid broader strength in AI tokens, fueled by major partnerships like the Nvidia-Groq collaboration that's catching investor attention.
A key catalyst supporting the recovery is the upcoming supply reduction. With emissions set to drop by 50% through the halving event, the tokenomics shift could provide additional upside momentum.
From a technical standpoint, TAO is showing classic oversold reversal signals. The RSI has bounced sharply from oversold territory, while price action is holding near Fibonacci support levels—a combination that often precedes trend reversals.
Critical price levels to watch:
• Support zone: ~$230
• Bullish confirmation point: above $261
The recovery is underway, though traders should wait for the price action above $261 to confirm a genuine trend flip. Until then, keep an eye on volume and how TAO holds at current support.