TAO +9.75% on DOUBLE volume. When AI tokens wake up, they don't do it quietly 🤖
Bittensor is trading at $254.3 with $39.3M in volume — that's 2x normal. The 4H RSI at 69.5 is bullish with room before overbought (70 is the threshold). Daily RSI at 71.4 shows strong momentum on the higher timeframe. Long/short ratio at 2.16 means traders are heavily long — conviction is there.
The AI narrative is back in full force, and TAO is one of the sector leaders. Price has surged from $209 (25-day MA) to $254 — a 21% move in just days. The 4H MACD is bullish and expanding (+0.90 histogram), while the daily MACD has been positive and strengthening for the past week (+2.25 histogram).
What I love about this setup: the volume surge confirms this isn't just retail FOMO. When volume doubles on a 10% move, institutions are involved. The daily chart shows price well above the 7-day ($235.6) and 25-day ($209.2) MAs — this is a momentum trade with the trend behind you.
Trade Plan 📊
Entry: $250 — $259 (4H SMA7 pullback zone)
Stop Loss: $238 (below 4H support)
TP1: $275 (6R first target)
TP2: $295 (trend extension)
TP3: $315 (momentum target)
R:R ≈ 1:3.3 on TP1
AI tokens move fast when the narrative catches fire. TAO could be next to lead.
TAO $300 incoming or time to take profits? 👇
#TAO #Bittensor #DYOR
⚠️ Not financial advice. DYOR. Manage your risk.