TAO REPORT

Smart Followers + Change (7 days): 293.0 / +3.0
Smart Mentions + Change (7 days): 0.0 / +0.0

Overview: Bearish trend with potential for reversal.

The EMA values for $TAO suggest a bearish trend across short-term (EMA 8: 429.29), mid-term (EMA 50 not provided, EMA 20: 436.39), and long-term (EMA 200 not provided, EMA 34: 451.39). The most recent candlestick pattern is a bearish 'Closing Marubozu' on February 2, 2025. The nearest support and resistance levels are at 363.85 and 392.92 respectively. The RSI value is 40.54, indicating a neutral to bearish momentum. The MACD shows a bullish crossover, as the MACD line (-12.31) is above the signal line (-16.10). Despite the overall bearish trend, the bullish MACD crossover and the recent bullish 'Doji' patterns suggest potential for a trend reversal.