2026-01-05 07:21:52

TAO's recent trend indeed looks promising. The Bollinger Band has been strongly broken through, RSI has entered the overbought zone, and most importantly, a clear double bottom pattern has been established. From a technical perspective, this buildup has been ongoing for a while, and the upward momentum is accumulating. The target is set around the 300+ level — although it's a bit far, this pattern combined with the indicators still offers some room for imagination. What do you all think? What are you hesitating for now?

TAO2,33%

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HodlKumamon

· 20h ago

Double bottom pattern, honestly, I've seen 23 such pullbacks. The statistical significance is right here. There's still a chance of over 300+~ It's just that RSI overbought reminds us to be cautious. Dollar-cost averaging (DCA) might be gentler.

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BlindBoxVictim

· 01-07 19:27

The double bottom pattern is so clear, I don't dare to buy in.

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StakeHouseDirector

· 01-07 15:37

I've heard the narrative of double bottom breakdown too many times; I'm just worried it might be a contrarian indicator again.

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HodlAndChill

· 01-05 07:51

The double bottom has been confirmed, which is good, but the 300+ price level is a bit optimistic. Let's see if it can hold steady at 250 first.

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MEVHunterBearish

· 01-05 07:48

I've seen double bottom breakdowns too many times. Every time, they say it will surge, but what happens? When it reaches a critical point, it pulls back. 300+? Let's wait for it to stabilize above 200 first.

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RealYieldWizard

· 01-05 07:40

Double bottom is indeed very strong, but how can I chase in the overbought zone? Let's wait for a pullback before considering.

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MEVHunterZhang

· 01-05 07:39

The double bottom has appeared, and you're still hesitating? I'm in with this one.

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BoredApeResistance

· 01-05 07:27

The double bottom pattern has indeed formed, but is the number 300+ a bit exaggerated?