🚨 $TAO : This Isn’t Your Average Pump — It’s Institutional Capital Flowing In
I’ve been tracking the $TAO / $USDT weekly chart closely, and the setup right now is exceptional. Let’s unpack what’s happening 👇
📊 The Charts Are Screaming
Price just smashed through $531, after breaking above the upper Bollinger Band at $484 — and it’s riding the bands beautifully. On a weekly timeframe, that’s not retail noise — that’s sustained, high-confidence momentum.
Volume? Exploding. This isn’t a Discord-driven pump — it’s smart money accumulation.
💡 RSI Check:
Yes, it’s sitting around 76.7 — technically “overbought,” but on the weekly? That’s confirmation of a monster uptrend, not a warning.
🔥 Why It Matters:
TAO just announced the first-ever staked TAO ETP (STAO) launching on the SIX Swiss Exchange — giving traditional finance direct exposure to decentralized AI through a regulated product.
That’s institutional capital entering the chat. 🏦
And with the first TAO halving coming in December, the narrative is getting stronger by the week.
✅ Perfect technicals.
✅ Real fundamentals.
✅ Institutional on-ramp unlocked.
This is what a major trend in the making looks like.
#TAO #Bittensor #AI #InstitutionalMoney
(Not financial advice — always DYOR.)
