TAO price under this zone is like buying Bitcoin under $300, some analysts argue. 🤡💸
Behold, the relentless march of despair! The price of TAO, a soul trapped in a labyrinth of bearishness, plummets ever downward, its fate sealed by the cold, unyielding logic of the market. 🧠📉
- TAO trades in a clear daily downtrend, with price below short and medium EMAs and each bounce sold into. A dance of shadows, where hope is but a fleeting whisper. 🌑
- Momentum flips bearish as MACD rolls over and RSI trends lower, signaling sellers still control the tape. The buyers, like phantoms, vanish into the void. 🕳️
- A reclaim of nearby resistance could open a higher range, but failure at support would expose TAO to deeper downside. A cruel game of cat and mouse, where the cat is always the mouse. 🐱🐭
TAO has sold off around 5-6% over the last 24 hours and is trading roughly in the mid‑$200s, while still up strongly on a year‑to‑date basis versus early‑2025 levels. A flicker of light in the darkness, but fleeting. ⚡
Buying $TAO under this zone is like buying $BTC under $300.
– Hardy (@Degen_Hardy) December 14, 2025
TAO (TAO) cryptocurrency continued trading within a bearish structure on the daily chart, with recent price action showing sustained selling pressure and limited buying activity, according to technical analysis. A symphony of despair, orchestrated by unseen hands. 🎻
TAO price heading to lower closes
Spot price is around 250-265 USD, with a 24h change of about −5.5% to −8% depending on venue. A slow, agonizing death. 🩸
Versus that starting point, current ~250-265 USD means TAO is now negative YTD versus the January open but still multiples above its 2023-early‑2024 base, so structurally it remains in a higher regime than the old cycle. A ghost of past glory, haunting the present. 🕯️
Momentum indicators reflect weakening bullish pressure, according to chart data. The Moving Average Convergence Divergence (MACD) indicator shows a transition from recovery into renewed weakness, while the Relative Strength Index (RSI) has moved lower, indicating bearish dominance without reaching extreme oversold conditions. The market, ever cruel, offers no respite. 🧊
The asset faces immediate resistance near a short-term ceiling that previously provided support. A move above this level could allow the price to test a higher zone where selling pressure is expected to increase. A false dawn, perhaps, but the sun never rises here. ☀️
If selling pressure continues, a nearby support cluster represents a critical area where buyers may attempt to stabilize the price. Failure to hold that level would weaken the technical outlook and expose the asset to further declines. The market’s mercy is a myth. 🧊
Order book data shows large bid walls positioned below the current price, suggesting some market participants are prepared to defend lower levels. Substantial ask walls in the mid-range indicate heavy supply overhead. Clearing these sell orders would require increased momentum and volume. A mountain to climb, with no guarantee of reaching the summit. 🏔️
Long positions may be suited for short-term tactical setups rather than trend-following strategies while the broader structure remains bearish, according to market observers. Short-side strategies align with the prevailing trend, particularly on rallies into resistance, though volatility around key support zones remains a factor. The market is a chessboard, and the pieces are all pawns. 🎲
The asset maintains a bearish bias on the daily chart, with trend and momentum indicators aligned to the downside. While temporary bounces are possible, the technical structure indicates sellers maintain control until the price can reclaim and hold key resistance levels. The cycle continues, unbroken. 🔄
Bullish or bearish?
Short term (24h):
Bearish. Momentum is down, candles are corrective, you’re under recent local support; any “bullish” stance here is purely tactical (fade‑the‑dump scalps), not trend‑following. A game of shadows, played by the desperate. 🕳️
Year‑to‑date / cycle view? Cautiously bullish. TAO is still structurally tied to AI infra + halving‑driven scarcity, and sits far above legacy ranges, but it is in a mid‑cycle drawdown with clear downside risk if AI risk‑assets keep de‑rating. A fragile hope, like a candle in the wind. 🕯️
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2025-12-17 15:58