Bittensor (TAO) price has declined 3.5% recently but shows signs of a potential 115% rally if it breaks the $310 neckline of a cup-and-handle pattern. Despite price weakness, $5.77 million left exchanges over two days, indicating cautious spot accumulation. Rising open interest and negative funding rates suggest short sellers are building positions, which could fuel a short squeeze if TAO breaks above $310. Key support levels are $260 and $242, with invalidation below $172. The Smart Money Index and RSI bullish divergence support a possible upside breakout.
Bittensor (TAO) dropped below the $200 support level, hitting a monthly low of $193 due to increased futures outflows and declining open interest, indicating reduced exposure by derivatives traders. Despite the bearish momentum, spot market data show...
NEAR Protocol's price rose above $2, supported by renewed interest in AI-related cryptocurrencies and an 83% surge in trading volume. The token is breaking out of a falling wedge pattern, with a confirmed breakout above $2.03 potentially driving pric...
