Bittensor $TAO Struggles at $380 Resistance, Trades Around $366
#Bittensor faced stiff resistance near the $380 mark, stalling its recent rally as bulls lost momentum. The past week has been marked by volatility and price swings, with TAO repeatedly attempting to push higher but failing to sustain gains.
📉 Early Week Pullback:
TAO began the week under pressure but rebounded 8% on Tuesday to hit $338.
Gains were short-lived as it slipped to $336 on Wednesday, before bouncing back to $358 on Thursday.
📉 Weekend Dip & Rebound:
Bearish sentiment returned Friday and Saturday, with TAO falling to $349.
A 3.36% Sunday bounce pushed the price back to $360.
📈 Midweek Action:
Monday saw #TAO rally nearly 5% to $376, but it dropped over 3% to $366 on Tuesday.
On Wednesday, it briefly plunged to $335, before recovering to $354.
📊 Current Outlook:
TAO tested $375 on Thursday, but couldn’t hold gains, ending at $358.
The current session has the coin up 2%, trading around $366 as bulls try to regain control.
TAO remains in a volatile zone, and a strong break above $380 is needed to confirm continued bullish momentum.