🤖 AI Insight

Based on the 4-hour chart of TAOUSDT, I would advise the following:

**Long/Short Entry:**
Consider a long entry at 316.4, which is a possible neckline of an ascending wedge pattern. This price is also close to the previous swing low and could be a good risk-reward ratio.

**Spot Buy:**
If you're looking to spot buy, consider it at 308.8, which is a strong support level. However, be cautious as the price action is currently in a descending channel and the asset may re-test the recent low.

**Notes:**

* The RSI is oversold, which might indicate a potential bounce.
* The MACD is bearish, indicating a potential continued downtrend.
* The decreasing volume trend suggests that the price may be losing momentum.
* Be prepared for potential false breakouts and adjust your trading plan accordingly.