Sell $TATSU $70 - $8.6 in 2months :/With the huge recent down trend and $TATSU reaching a recent low of $8.6 from its all time high and still unable to break the downtrend things do not look very good for this project.
On closer inspection of transactions they have huge sell pressure from a group of mev bots and arb bots which have been pushing down the price since there cex listing. On top of there tax bot.
The team have done some buybacks but this has just placed a temp hold onto the inevitable upcoming single digit price. Their reliance on influencers to give temp price boosts is not a good sign as a project should sell for its great features, which this project does not have. I think most influencers have already left according to their socials
The team may get subnet with GETTEX:TAO but i do not see this being a catalyst to boast the price of the project as it is very poorly executed and the Tao subnet projects have 80% had a huge decrease in prices
TATSUWETH_BAAFED.USD trade ideas
TATSU: $37.0 in Tao we Trustthere are infrastructure projects and protocols that open windows
to creative minds and opportunity for cash on the sidelines to put into work
we have layers 1 & 2 sucking developers to exercise skills
it's a crowded and cut throat space
then there is the purist out there in search of the truth
a more decentralized and fair project to participate
this is the APPLICATION layer where once creativity can make it really big
as it is for the people
the TAO is the infra
TATSU is the app that shall open more apps
a test case and probably FLAGSHIP to bring in real talent for the long ride
a unicorn under valued unheard for now
Sell $TATSU CryptoTECHNICAL outlook
20 days downtrend , continuous rejection since ATH of 70$
Lower highs , not enough volume to sustain price
Fundamental analysis
Poor product compared to everything else that is available so no use case, Very slow bot and website.
Pointless partnership announcements with smaller or brand new companies without finishing their own product
Suspicious Marketing wallet and dev wallet with 2m ih funds but none used even to help the coin