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Bittensor (TAO) jumps 160% but shows sell signal, hitting resistance at $322 amid mixed momentum indicators.

Technical Signals
29 Mar 2026
Blockonomi
View Source
Neutral
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Bittensor (TAO) surged over 160% from $144 to $375 after a TD Sequential buy signal, but now the same indicator shows a sell signal on the 3-day chart, suggesting possible trend exhaustion. TAO is currently trading at $322.33, facing resistance at $322.33 and $358.34, with support around $300. Momentum indicators like RSI show moderate bullish strength, while MACD remains below its signal line, indicating cautious optimism. Investors may consider taking profits or watching for a breakout above $380 to confirm continued upward momentum.

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