Buying $TAO Retrace with Fibonacci Levels
TAOUSDT had an incredible move up last month, nearly 2x from the mid-300s to a high of $480.We've hit a short term high, and seem to be in a consolidation phase.
How low will this go? Well, if we look at the Fib Retracement levels from the start of this run up to the recent high, we can identify three likely entry points:
- $385
- $360
- $315
If you want to invest in Bittensor's innovative AI technology, you can buy at market price right now; or, you can set limit orders for the levels above, to DCA into your position.
Just keep in mind, the price may not reach these lows, and could turn bullish again at any monent.
If/when Binance lists this token, or Coinbase finally changes its flawed ranking on it, or a major tech company announces a partnership, this token could moon. 🚀
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