Bittensor (TAO) Bounces Off Key Support — Can This Pattern Trigger Further Gains?
The broader crypto market is finally showing signs of relief after the recent sell-off, with Bitcoin reclaiming the $70,000 level and Ethereum pushing back above $2,100. Following this bounce, altcoins are also starting to wake up — and Bittensor (TAO) is among today’s stronger performers, jumping roughly 18%. More importantly, TAO’s daily chart is flashing a potentially meaningful bullish setup that could shape the next leg of price action. Source: Coinmarketcap Let’s break it down. Descending Broadening Wedge Pattern in Play On the daily timeframe, TAO appears to be forming a descending broadening wedge — a classic bullish reversal structure that often develops during prolonged corrective phases. Price recently swept the lower boundary of the wedge near $143, where buyers stepped in aggressively and defended support. That reaction sparked the current rebound, pushing TAO back toward the $192 zone. While price is still trading below its 50-day moving average near $229, the sharp bounce from the lows hints at a shift in short-term momentum. Bittensor (TAO) Daily Chart/Coinsprobe (Source: Tradingview) This type of move is typical for broadening wedges: sellers gradually lose control near the lower trendline, volatility starts expanding, and price begins rotating higher inside the pattern. What’s Next for TAO? If bullish momentum continues, TAO could soon challenge the 50-day moving average, along with the upper wedge resistance, which currently aligns around the $260 region. A clean breakout from the wedge would strengthen the bullish reversal thesis and likely attract breakout traders. In that scenario, the chart points toward a potential upside target near $401 — a level that stands out as the first major resistance and a key test for any sustained rally. That said, this remains a technical bounce for now. If $TAO fails to break above the upper wedge boundary, price could slip back into consolidation or attempt another pullback toward mid-range support. A decisive breakdown below the recent swing low would invalidate the bullish structure and tilt momentum back in favor of sellers, delaying any recovery attempt. Big Picture With Bitcoin reclaiming $70K and risk appetite slowly returning, TAO’s bounce off key support arrives at an important moment. The descending broadening wedge suggests the token may be entering a volatility expansion phase, where sharper moves — especially to the upside — become more likely. For now, bulls will be watching closely to see whether TAO can reclaim its 50-day moving average and push through wedge resistance to confirm the reversal. Until then, expect choppy price action — but the technical groundwork for further gains is clearly starting to form. Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.
Pi Network (PI) Jumps 6% — Could This Breakout Lead to More Gains?
In today’s crypto market, Pi Network (PI) has managed to stay in the spotlight with notable strength, even as majors like Bitcoin and Ethereum remain in the red with over 1% losses. Meanwhile, PI has jumped roughly 6%, and more importantly, the latest chart structure suggests this move may only be the beginning. Source: Coinmarketcap Let’s take a closer look. Descending Broadening Wedge Breakout Signals Trend Shift On the 4-hour chart, PI spent the past few weeks consolidating inside a descending broadening wedge — a classic bullish reversal pattern that often appears near the end of prolonged pullbacks. Price found strong demand near the lower boundary of the wedge around $0.1297, where buyers stepped in aggressively. That defense triggered a steady recovery, eventually leading to a clean breakout above the wedge’s descending resistance near $0.1420, which also aligned closely with the 50-period moving average. Pi Network (PI) 4H Chart/Coinsprobe (Source: Tradingview) Following the breakout, PI surged to a local high around $0.1527, where it faced resistance near the 100 MA — a typical reaction zone and often a precursor to a healthy breakout retest. So far, this price behavior fits the textbook breakout playbook. What’s Next for PI? From a technical perspective, the structure remains constructive. In the near term, PI may look to retest the breakout zone around $0.1420 and confirm it as new support — a common and healthy move after wedge breakouts. If buyers manage to hold above: the former resistance turned support near $0.1420and the 50 MA then the next key hurdle sits near $0.1527 (local high + 100 MA). A successful reclaim of this area would strongly validate the breakout and could open the door toward the projected upside target around $0.2047, representing a potential 40% move from current levels. Momentum traders will be watching closely to see whether volume expands on any push back above $0.1527 — a sign that bulls are ready for continuation. Key Risk to Watch While the breakout is encouraging, it still needs confirmation. If PI fails to hold above the former wedge resistance and slips back below the $0.14 area, price could fall back into consolidation, delaying the next leg higher. A sustained move back inside the pattern would weaken the bullish thesis in the short term. For now, however, buyers appear firmly in control — defending the breakout and keeping momentum tilted to the upside. Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.
Gold Holds Key Support — Could This Pattern Trigger a Upside Breakout?
Gold continues to captivate investors amid ongoing market volatility, geopolitical uncertainty, and shifting macroeconomic winds. As of mid-February 2026, spot $XAU is trading around $4,950–$4,990, showing a modest rebound from recent dips while consolidating after its explosive rally earlier this year. At the same time, Tether Gold (XAUT) — the tokenized version backed 1:1 by physical gold — is tracking closely near $4,950, down about 1.84% on the day but still up over 14% year-to-date. Meanwhile, Bitcoin continues to lag around the mid-$60K region, highlighting gold’s relative strength so far in 2026. Source: Coinmarketcap Ascending Triangle Still in Play The attached 4-hour chart paints a constructive technical picture. Gold is currently forming a classic ascending triangle — a bullish continuation pattern characterized by: Flat resistance near $5,070–$5,090, where sellers have repeatedly capped ralliesRising trendline support, built from higher lows, with the latest bounce coming from around $4,889Buyers consistently stepping in at higher levels, showing growing demand Gold (XAU) 4H Chart/Coinsprobe (Source: Tradingview) Price is now hovering just above this rising support, suggesting bulls are still defending the structure. However, gold remains below the 100-period moving average near $5,012, signaling that short-term momentum hasn’t fully flipped bullish yet. A reclaim of this level would be an important early confirmation. What’s Next for Gold? As long as gold holds the ascending trendline near $4,889, the bullish triangle remains intact. The first step higher would be a clean move back above the 100 MA. If buyers manage that — followed by a decisive break and close above $5,090 — the chart opens the door for a measured move toward roughly $5,698, as projected on the pattern. That would imply a potential 14%+ upside from current levels and likely confirm a fresh leg higher. Momentum traders will be watching closely for expanding volume on any breakout attempt, which would strengthen the bullish case. Key Risk to Watch The bullish setup isn’t guaranteed. A decisive 4H or daily close below the rising trendline would weaken the ascending triangle and could invite a deeper short-term pullback, shifting momentum back toward sellers. Until then, gold remains in consolidation — but importantly, it’s consolidating above rising support, not breaking down. Final Thoughts Gold appears to be digesting gains rather than rolling over. With higher lows still intact and resistance clearly defined, price is coiling for its next major move. If buyers can reclaim the 100 MA and push through the $5,090 ceiling, this setup could quickly transition from consolidation to another upside breakout. For now, all eyes are on $4,889 support and $5,090 resistance — whichever breaks first is likely to define gold’s next directional move. Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.
Coinbase Completes Fix for Temporary Transaction Outage, Now in Monitoring Phase
Coinbase, the leading U.S. cryptocurrency exchange, has implemented a fix for a platform-wide issue that temporarily prevented customers from buying, selling, or transferring digital assets on Coinbase.com. The disruption was first acknowledged by the company on February 12, 2026. In an official update on its status page and X (formerly Twitter) account, Coinbase Support stated: “We are aware that customers may be unable to buy, sell, transfer on https://www.coinbase.com/ at this time. Our team is investigating this issue and will provide an update. Your funds are safe.” Approximately 40 minutes later, the company announced that the issue had been addressed. “A fix is implemented and we are monitoring to ensure full recovery. Stay tuned for further updates,” Coinbase Support posted on X. Timing Coincides with Q4 2025 Earnings Release The outage occurred on the same day Coinbase was scheduled to release its fourth-quarter and full-year 2025 financial results after market close, followed by a webcast discussion. While there is no confirmed link between the earnings preparations and the technical glitch, the timing drew significant attention from traders and the broader crypto community, many of whom rely on the platform for real-time transactions. Coinbase has repeatedly emphasized that customer funds were never at risk during the incident. This assurance aligns with the company’s standard protocol during service disruptions, as assets are held in secure custody separate from operational systems. Impact and User Response Users reported temporary inability to execute trades or transfers, though account access and viewing of balances generally remained available. Social media platforms quickly amplified the news, with many expressing frustration over the timing amid volatile cryptocurrency markets. Coinbase has faced occasional platform issues in the past, often attributed to surging trading volumes or infrastructure scaling challenges. The company has invested heavily in system reliability and redundancy in recent years as its user base and trading volumes have grown substantially. Current Status and Recommendations Status: Monitoring phase active; fix deployed but full resolution not yet formally declared on the status page. Source: status.coinbase Users experiencing lingering issues are advised to: Check the official Coinbase Status pageAvoid sharing account details publiclyContact Coinbase Support through official channels for account-specific concerns This brief disruption serves as a reminder of the operational complexities involved in running a major cryptocurrency exchange, even as the industry matures and regulatory clarity improves. Coinbase remains one of the most widely used on-ramps for retail and institutional investors in digital assets, with billions in assets under custody and a growing suite of products including futures, international exchange services, and institutional offerings. Further updates are expected from the company as systems return to normal capacity. Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.
Hyperliquid (HYPE) Rebounds From Key Support — Is More Upside Ahead?
HYPE, the native token of Hyperliquid — one of the fastest-growing decentralized perpetual trading platforms — is once again showing notable relative strength despite the broader crypto market softness. While many altcoins remain under pressure, HYPE surged nearly 6% today, extending its monthly gains to 27%. More importantly, the latest price action suggests this move could have more room to run, as the token rebounds cleanly from a critical support zone. Source: Coinmarketcap Right-Angled Ascending Broadening Wedge Takes Shape On the 4-hour chart, HYPE is trading inside a right-angled ascending broadening wedge — a high-volatility structure that often precedes strong directional moves. After a sharp upside push, HYPE faced rejection near the wedge’s upper resistance around $38, triggering a swift 25% pullback. That correction drove price straight into a key demand region near $28.20. This area proved decisive. Hyperliquid (HYPE) 4H Chart/Coinsprobe (Source: Tradingview) Buyers stepped in aggressively, defending the zone and forcing a rebound back toward $31.15, with price now hovering just below the 100-period moving average near $31.70. Throughout this wedge formation, the $28.20 region has repeatedly acted as a strong defense layer, reinforcing its importance as higher-timeframe support. The quick reaction from this level signals that dip buyers remain active — a constructive sign for bulls. What’s Next for HYPE? From a technical standpoint, the structure remains constructive. If $HYPE can hold above the rising support trendline and successfully reclaim the 100-MA, momentum could shift back in favor of buyers. That would likely open the door for a recovery toward the wedge’s upper boundary near $46.0. A confirmed breakout from this right-angled ascending broadening wedge would be a strong bullish signal, potentially accelerating upside continuation as volatility expands. However, bulls still need follow-through. Failure to reclaim the moving average or sustained weakness below current levels could invite another test of demand. Key Risk to Watch The bullish setup hinges on the $28.20 support zone. If HYPE loses this level decisively, the wedge structure would be invalidated, increasing the risk of bearish continuation and opening the door to deeper downside. For now, though, price is reacting exactly where buyers previously stepped in — keeping the short-term outlook cautiously optimistic. Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.