TAO is showing signs of cooling after climbing 7.5% over the past week, dipping 0.74% in the last 24 hours—pretty typical pullback territory.



Here's what's catching traders' attention right now:

The $300 level is acting as serious selling pressure. Whenever TAO bumps up toward this zone, sellers step in. Exchange inflows have been climbing, which usually signals people are cashing out profits. And that failed attempt to break above the $280 Fibonacci level? That's another red flag for bulls.

Market sentiment sits at 41 on the Fear & Greed Index—hovering in the fear zone. Not panic mode, but definitely cautious energy.

So we're looking at a period where profit-taking is real, technical resistance is holding firm, and the overall mood is tilted toward caution. Nothing surprising for a mid-run correction, but worth keeping an eye on where TAO finds its footing next.
TAO-1,4%
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OldLeekNewSicklevip
· 01-16 05:08
This wall of 300 is blocking the knife again... The chip distribution is so obvious, someone is waiting for a chance to cut.
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ChainComedianvip
· 01-16 04:25
The 300 level is really tightly blocked, and the exchange net inflow has been steadily increasing. Feeling a bit overwhelmed.
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SatoshiNotNakamotovip
· 01-16 02:07
Level 300 is really a dead end, always gets smashed down, so frustrating --- When exchange inflows start to rise, it's probably time to run, don't want to get trapped --- The 41 fear index is actually okay, it should be even lower when truly panicking --- Fibonacci not breaking is ridiculous, I originally thought this wave could push through --- Profit retracement is normal but this sell-off is a bit fierce, how it moves tomorrow still depends --- TAO has been stuck around 300 these days, unable to go up or down, it's really uncomfortable --- Are they starting to cut the leeks again? Feels like this pace is even faster than last time --- Just a mid-term adjustment, everyone stay calm, find good support levels first --- It seems someone has already been lurking at the low levels, waiting for this wave to drop
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BlockchainTalkervip
· 01-13 05:50
actually, if we examine the $300 resistance through game theory lens, it's basically a coordination problem—sellers have empirically proven they'll defend that zone. tbh the fibonacci rejection is chef's kiss bearish signal. fundamentally speaking, profit-taking cycles are just ecosystem dynamics doing their thing. nothing fundamentally broken here imo
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SnapshotDayLaborervip
· 01-13 05:30
This 300 mark is indeed tough; it's time to start grinding repeatedly again.
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AirdropHunterKingvip
· 01-13 05:24
Level 300 is stuck very tightly. I bet five gas fees that it won't be broken in the short term.
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BlockBargainHuntervip
· 01-13 05:23
The 300 level is getting stuck again, and this pullback is a bit dull.
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SoliditySurvivorvip
· 01-13 05:21
TAO's recent correction is the old routine, it's when retail investors get shaken out. --- The 300 level is so tough; if it can't break through, we'll have to wait for the next opportunity. --- Exchange net inflow has surged, large investors are offloading, be cautious. --- Fear index 41… Basically, it means everything that was going to lose has already lost? --- The 280 Fibonacci level didn't break, a bit awkward… Still, let's keep watching and see. --- Should I buy now or wait a bit longer… feels like the bottom hasn't arrived yet. --- It's that same profit-taking routine again, so annoying. --- Market sentiment is so cold, yet I want to buy the dip. --- The selling pressure at 300 is really strong; it's been hammered down several times.
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