#TAO/USDT pair is currently trading around $391, recovering from intraday lows near $356 as broader crypto sentiment stabilizes. Technically, the coin is in a short-term rebound phase—we’ve seen $TAO consolidate above the $370–$380 support band, with resistance looming around $400, a level it tested but failed to hold earlier today. Momentum indicators on Binance’s $TAO chart lean neutral-to-bearish, echoing mixed signals across oscillators and moving averages. On a longer timeframe, weekly TAO shows mild positive bias, though monthly charts remain indecisive—suggesting any sustained breakout would need solid volume confirmation. Fundamentally, Bittensor remains one of the most unique plays in crypto—backed by a decentralized AI network incentivizing node operators and validators through its Yuma consensus, dynamic TAO tokenomics, and a rapidly growing ecosystem of over 60 subnets. With global AI demand growing, subnets launching token-grade “alpha” assets, and increasing institutional interest, the narrative is strong—but it hinges on real adoption and network traffic. In short, TAO is range-bound between $370–$400 and eyeing more decisive moves: a sustained break above $400—with volume—could pave the way toward $430–$450, while a slide below $360 risks revisiting support at $330. Watch on-chain activity, subnet growth indicators, and macro sentiment for clues on TAO’s next directional push.
