Bittensor's TAO token has climbed 5.0% in the past 24 hours, reaching $438.18. This rise comes as the token rebounds from a support level of $409.12, moving towards a significant resistance zone near $475. TAO is currently trading within a horizontal channel between $409.12 and $476.10, with market analysts closely watching for a potential breakout above the upper threshold.
In Bitcoin terms, TAO has also seen gains, increasing by 4.6% to 0.003889 BTC. The recent price movement suggests growing momentum, with traders eyeing the $475 resistance level as a critical point for further upward movement.
Bittensor's TAO Nears $475 Resistance After 5% Surge
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