Bittensor (TAO) price surged nearly 8% to test a critical resistance zone near $350 but faced selling pressure pulling it back to around $335. Despite a bullish price structure, weakening money flow and declining open interest suggest the rally may lack strong buying support, increasing the risk of rejection at resistance. A decisive breakout above $380 is needed to sustain momentum toward targets of $400 and $468, while failure to break could lead to pullbacks toward $300 and $260. Investors should watch these levels closely as TAO approaches a key decision point.
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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...
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