$TAO Price Prediction: Can Bittensor Reach $3,000? Long-Term Bullish Analysis
#TAO remains structurally bullish on the HTF, IMO.
Our $180–$140 accumulation zone has already played out, with price now approximately 90% above that region.
KEY LEVELS
➜ Potential long-term accumulation: $250–$150
➜ Major resistance: $318
➜ HTF bullish invalidation: Below $140
LONG-TERM TARGETS: $1,000 → $1,500 → $3,000
The next major catalyst is a sustained breakout above $318, followed by a reclaim of the pre...
Here’s what I’m watching on $BR 👀
Open Interest has exploded to around $34.5M, up 226.82% in just 24 hours.
That’s a massive jump, showing a lot of fresh positions are entering the market.
But the more interesting part is positioning.
Around 63% of traders are currently short, while only 37% are long on the shorter timeframes. Even on the 1D timeframe, shorts still dominate at around 58%.
Now look at the top traders.
They’re leaning the other way, with a long/short ratio of around 1.40 b...