Bittensor (TAO) is testing the $475–$500 resistance zone, a pivotal level that could influence its next price movement. Analysts indicate that a daily close above $475 might confirm a breakout, potentially driving TAO towards $600. Technical indicators, including a bullish MACD and rising Stochastic RSI, suggest growing momentum. Currently, TAO is trading at $440.02, experiencing a 4.36% decline in the last 24 hours but a 31.94% increase over the past week. A failure to surpass the resistance could lead to a short-term pullback to the $365–$380 range.
Bittensor (TAO) Tests Key Resistance, Eyes $600 Target
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