$TAO is Currently Trying to Act Like a High Jumper Who Just Realized They Forgot the Pole
Bittensor (TAO) is playing a game of "how many times can I bounce" today, currently trading at 266.5 with a modest 1 percent gain. It recently took a massive leap to 281.0 before realizing it left something at home and dropping back down to the 260.1 floor. It is basically the digital version of a pogo stick with a mind of its own.
The chart shows some green circles suggesting a double bottom around the 253.1 to 260.1 range, which is like the coin finding its favorite spot on the couch. If it can maintain this newfound confidence and push back above 275.0, we might see it aim for the 281.0 ceiling again. However, if it loses its grip on 260.0, it might just go for another long slide down the stairs.
Target 1: 278.5
Target 2: 292.0
Target 3: 310.0
#tao #bittensor #crypto