TAO is currently trading within a descending channel, showing controlled momentum as it nears key resistance levels. The asset is experiencing increased market activity and stable liquidity, with over 168,000 users actively tracking its performance. Analysts have identified a 4-hour compression pattern as TAO interacts with long-term support and resistance zones.
According to Coingecko, TAO is priced at $326.45, marking a 1.6% gain over the past 24 hours. The cryptocurrency's trading range for the day has been between $305.90 and $331.60, with a trading volume of $205.4 million. TAO's market capitalization is reported at $3.13 billion, with a fully diluted valuation of $6.85 billion.
TAO Trades in Descending Channel Amid Key Resistance Levels
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