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$TAO Downtrend Continues, Breakout Not Coming Soon
TAOUSDT SPOT BITGET:TAOUSDT
The weekly chart of TAO tells me we will see a breakout eventually, but no chance to do it now. Not until BTC bottoms and starts recovering, bringing some confidence back to the whole crypto sector. Only then alts will see much needed investors appetite and will breakout from their bearish structures.
Based on that, TAO is not yet an attractive “buy” for me. Waiting for lower region prices.
