$TAO As of October 1, 2026, Bittensor (TAO/USDT) is trading near $306.63 USDT, reflecting a +2.05% gain over the last 24 hours. The token is consolidating above a pivotal support zone following a multi-week rally driven by growing momentum in decentralized AI compute infrastructure.Price & Range: TAO is oscillating within a 24-hour range of $298.12 – $314.22 USDT.
Key Support ($300.92 USDT): The price is currently retesting the critical $300.92 level following an ascending channel breakout. Maintaining price action above $300 is essential to sustain the bullish higher-low structure.
Key Resistance ($341.00 USDT): A clean daily close above $341.00 would clear the path toward the $380 – $420 resistance pocket.
Momentum Indicators: The 4-hour Relative Strength Index (RSI) rests at 49.35 (Neutral), indicating that overbought conditions from the recent 30-day rally (+33.4%) have cooled off, providing room for a directional breakout.
Derivatives & Sentiment: Futures Open Interest stands at $547.31M with a Binance long/short trader ratio of 1.56, signaling that market positioning remains moderately bullish.
#KoreaProposesTokenizingStocksAndBonds #CFTCSubmitsTwoEventContractRulesToWhiteHouse