$TAO Technical Analysis

TAO reclaimed support at $350 before topping out at around $368,

which is its weekly high. The AI token hovers at $357 at the time of

writing, while bulls strive to breach resistance at $361, as highlighted

by the 200-day Exponential Moving Average.

The Relative Strength Index (RSI) indicator’s overbought position

at 73.79 shows signs of consolidation. If the indicator drops below

70.00 and enters the neutral zone, Bittensor could start losing ground,

signaling a fading bullish momentum. Key downside levels for traders in

the coming sessions include the 100-day EMA at $319 and the 50-day EMA

at $281.