TAO Technical Analysis Feb 4
The post TAO Technical Analysis Feb 4 appeared on BitcoinEthereumNews.com.
TAO’s 24-hour trading volume reached 158.88 million dollars, and despite a slight 1.38% price drop, the volume staying below average indicates limited selling pressure. Market participation is low, signaling a possible accumulation process and carrying potential for a trend reversal. Volume Profile and Market Participation TAO’s current volume profile stands out with 158.88 million dollars in trading volume over the last 24 hours. This level is running about 20-30% below the average weekly volume and reflects limited participation even in the general market downtrend. Volume typically remains low during pullbacks, with slight increases observed in upward tests; this shows that the broader public is not joining the selling, and the market is in a consolidation phase. In the volume profile, there is concentration around the Value Area High (VAH) level near $193.60 – this region forms a strong support with 70% volume contribution over the past weeks. In terms of market participation, retail investor interest appears to have decreased; however, this could indicate periods where professional players are quietly strengthening their positions. Volume delta analysis shows negative delta dominance (selling volume exceeds buying volume), but the low absolute volume value weakens the trend’s strength. In the MTF volume context over the last three days, 8 strong levels were identified: 1 support/1 resistance on 1D, 1 support/3 resistance on 3D, and 2 support/3 resistance on 1W. This structure reveals that volume-supported levels predominantly offer upward opportunities. Overall, the volume profile supports healthy base formation despite the downtrend; participation rates hovering around 40% emphasize that a major selling wave has not yet arrived. Accumulation or Distribution? Accumulation Signals Accumulation signals are strong: Although the price is below EMA20 ($224.20), RSI at 31.95 is approaching the oversold region in line with volume decline – this is a classic Wyckoff accumulation phase feature. Volume…
Filed under: News - @ February 4, 2026 10:25 am