Technical analysis by MrRik about Symbol TAO on 2/1/2024

avg entry TAO $238 Thoughts? 1/2 - on Daily, looks like consolidation, trying to break ATHs. If we cool down we might test prev ath as support, then continue. - on 4h, big bearish divergence which indecates down could be the next move. Although could be invalidated if RSI makes HH. IF .. THEN - IF we continue higher, my first sell target would be 575$ - IF this was the move, then retrace to at least prev ATH, preferable 0.5-0.618 for buying.