Bittensor (TAO) has gained 6.31% in the last 24 hours, trading at $288.84 with a market cap of $3.15 billion. The token’s weekly performance reached 17.48% as technical indicators like the RSI and MACD signal continued bullish short-term momentum. Analysts note strong support between $240 and $260, with a potential breakout targeting the $380 resistance level if the current trend holds.
Bittensor (TAO) maintained its upward momentum, continuing the bullish trend seen in recent sessions. During the last 24 hours, the token advanced around 6.31%, showing stronger investor demand.
The token also delivered notable weekly gains, rising 17.48% as trading activity increased steadily. CoinMarketCap data shows the token trading at $288.84 while market engagement remained active.
Its 24-hour trading volume reached $262.65 million despite a daily decline. The project’s market capitalization climbed to $3.15 billion, posting a 6.31% increase.
The price continued creating lower highs and lower lows after rejection near the $480-$500 resistance zone in late 2025. A rebound from the $160-$180 support area later pushed the token toward $320 again.
Current price action highlights a major consolidation area where buyers repeatedly defended support. Rand Group stated, “A breakout above descending resistance could send TAO toward $280, then $320, and possibly the $380 resistance area soon.”
Technical indicators on the 4-hour chart continued supporting bullish short-term sentiment. The RSI for 14 periods is at 76.97, indicating strong bullish strength.
MACD remains in bullish mode, with the indicator line at 9.57185 above the signal line. Positive bars on the histogram at 2.20431 signify ongoing positive momentum.
