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Bittensor (TAO) nears key $300 resistance amid strong rebound, eyeing potential breakout to $500 if momentum holds.

Technical Signals
23 Mar 2026
CoinPedia
View Source
Bullish
pluang ai news

Bittensor (TAO) has rebounded strongly, gaining over 66% since early January and approaching a critical resistance zone between $302 and $312. This surge is driven by increased social engagement, ecosystem milestones like the Covenant-72B LLM training completion, and new trust initiatives by Grayscale, alongside broader market optimism. The price structure suggests bullish momentum, but a confirmed breakout above $312 is needed to target $400–$500. Failure to break resistance could lead to a short-term pullback before any further gains.

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