The most talked-about token in the last hour: $TAO at $320 (-17.95%) showing significant bearish pressure, testing S1 support at $294. Strong downtrend confirmed by ADX 56.6 and negative DMI divergence (47.1/-13.1). RSI at 33.35 indicates oversold conditions but downward momentum persists with MACD diverging further negative (-20.04 vs -16.77 signal).

Risk profile 3/10 (low volatility risk but elevated technical risk) suggests controlled selling pressure. Volume at $336.29M with 1.43x ratio shows above-average selling activity. Immediate resistance at $374 (R1) needs to clear for trend reversal.

Key focus on $294 support - breach could accelerate decline to S2 at $267. Low price discovery (0%) and negative momentum (-28.38%) indicate sellers in control. Watch for potential bounce at oversold levels but avoid counter-trend trades until technical signals improve.

Recommendation: Bearish bias maintained until price reclaims pivot at $347 with improving technicals. Monitor volume patterns for potential exhaustion signals.

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