$TAO is indeed on 🔥, riding a powerful uptrend after bouncing from $373 and smashing through $400 with clean bullish candles! Let's break down the current market situation:
*Current Price:* $413.7 (trading at $414.00 according to Finnhub, with a slight variation)
*Key Stats:*
- *90-Day Gain:* 93%+
- *Fresh Highs:* $417.6
- *Momentum:* Strong momentum building
*Trade Setup (Momentum Long):*
- *Entry Zone:* $410 – $414
- *Target Prices:*
- *TP1:* $425
- *TP2:* $440
- *Stop Loss:* $398
*Outlook:* If TAO maintains strength above $405, continuation toward $430+ is likely. Keep an eye on volume confirmation to gauge the trend's sustainability ¹.
The market cap of Bittensor (TAO) is around $3.30B, with a current price of $414.00 and an 8.58% increase. The 24-hour high and low prices are $417.60 and $377.70, respectively ¹.
Given the current market conditions, it's essential to monitor the price action and adjust your strategy accordingly.