Bittensor is showing strong momentum on the daily chart, rising 13.56% to around $269.76.
The price of $TAO has moved well above the 7, 30, and 200-day moving averages, confirming a clear improvement in trend. RSI is around 69.7, showing strong buying pressure while approaching overbought territory.
MACD remains positive and is turning higher, while volume has increased during the latest breakout.
The next major level to watch is around $287.16, the recent local high. A clean break above it could open the way toward $300 and higher.
On the flipside, $250 is an important support zone. If $TAO holds above it, the current rally could have more room to run.
The price of $TAO has moved well above the 7, 30, and 200-day moving averages, confirming a clear improvement in trend. RSI is around 69.7, showing strong buying pressure while approaching overbought territory.
MACD remains positive and is turning higher, while volume has increased during the latest breakout.
The next major level to watch is around $287.16, the recent local high. A clean break above it could open the way toward $300 and higher.
On the flipside, $250 is an important support zone. If $TAO holds above it, the current rally could have more room to run.
