TAO's been testing some critical levels lately. The question on everyone's mind—will it manage to stay above the 0.618 log Fibonacci retracement? This level has historically acted as a strong support zone, and how it responds here could set the tone for the next move.
If the 0.618 Fib holds, we might see some relief buying. Break below, and traders should watch the next support down. Keep an eye on volume—it'll tell you whether there's real conviction behind any bounce or breakdown.
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ColdWalletAnxiety
· 10h ago
Is it really the end of the world if Fibonacci is broken? It feels like that's what I always say every time.
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TokenAlchemist
· 12h ago
nah the 0.618 fib thing is so overdone honestly... everyone and their mom watching the same level means it's already priced in lmao. real alpha is watching the MEV extraction patterns on-chain, that'll tell you conviction way before volume even twitches
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EthMaximalist
· 12h ago
Breaking below 0.618 means disaster, this time it's really critical
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MemeCurator
· 12h ago
0.618 broke again? I bet five dollars it will continue to fall next week.
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GweiWatcher
· 12h ago
Whoa, 0.618 is here again? Can it really stabilize this time?
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LeverageAddict
· 13h ago
Break below 0.618 and go all-in on the next support, volume speaks.
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WalletInspector
· 13h ago
0.618 if it doesn't break, I'll keep lying flat; if it breaks, see you later
TAO Weekly Price Check: Can It Hold?
TAO's been testing some critical levels lately. The question on everyone's mind—will it manage to stay above the 0.618 log Fibonacci retracement? This level has historically acted as a strong support zone, and how it responds here could set the tone for the next move.
If the 0.618 Fib holds, we might see some relief buying. Break below, and traders should watch the next support down. Keep an eye on volume—it'll tell you whether there's real conviction behind any bounce or breakdown.