🧠 Is TAO building the future of decentralized AI?
🗓️ Technical Analysis – July 1, 2025
TAO, the token of Bittensor, continues to gain attention as a driver of decentralized artificial intelligence. But… how is its price action looking?
📌 Current price: $285
📉 Key support: $264
📈 Immediate resistance: $298
🔍 Technical signals:
✅ RSI at 54 → healthy momentum
✅ Positive MACD → recent bullish crossover
✅ EMA 20 > EMA 50 → short-term bullish signal
✅ Increasing volume → renewed interest
📐 Technical pattern:
Formation of an ascending channel since mid-June. If it breaks $298 strongly, the path opens to $310 and then $328 🔓
⚠️ If it drops below $264, the next real support is at $238.
Ideal for those following the project beyond the price, but be aware of the levels.
💬 Are you holding $TAO or keeping it on your radar?
Comment below with your analysis 🔍
