$TAO Bittensor presents a moderately bullish structure with the supplied analysis pointing to smart-money positioning and consistent Open Interest expansion. Positive funding and declining volume during local pullbacks are described as signs of seller exhaustion. The setup remains constructive while $290 holds, although $360 represents the important resistance zone. Because the supplied price is already near that resistance, confirmation of continuation is more important than assuming an immediate breakout.
📈 Bias: Moderately Bullish | 🎯 Entry: Confirmation within the $310–$345 range | 🛡 Support: $290 | 🚧 Resistance: $360 | 🎯 Targets: $410 | $465 | ❌ Invalidation: Drop below $265
Strategy: Breakout confirmation above $360, or disciplined support-based consideration near the supplied $290 level.
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