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Bittensor (TAO) breaks key resistance, showing bullish momentum among AI tokens.

Technical Signals
02 May 2026
AMBCrypto
Bullish
pluang ai news

Bittensor (TAO) has shown strong bullish momentum by defending the $240 support and breaking above $250, outperforming other AI sector tokens. The price surpassed the local high of $267.4 and is targeting higher resistance levels at $273-$281, with potential upside targets at $328 and $377. Key support levels to watch are $250 and $233; a drop below these could signal a bearish reversal. Market conditions remain uncertain due to Bitcoin's mixed sentiment, which may impact TAO's ability to reach its extended target of $433.

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