TAO REPORT

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

Overview: Bearish trend with high volatility for $TAO.

The EMA values for $TAO suggest a bearish trend across all timeframes. The EMA(8) is at 407.95, EMA(50) is not provided, and EMA(200) is not provided, all of which are above the current price of 373.35.

The most recent candlestick pattern is a bullish 'Doji' that occurred on February 1, 2025. However, this was followed by three consecutive 'Closing Marubozu' patterns, two bearish and one bullish, indicating high volatility.

The nearest support and resistance levels are at 333.98 and 405.88 respectively.

The RSI value is 43.91, suggesting the market is neither overbought nor oversold. The MACD line is below the signal line, indicating a bearish crossover.

In conclusion, the overall trend for $TAO is bearish with high volatility. The bearish trend is likely to continue given the current market conditions.