Bittenser priceTAO

$TAO TAO Path to Recovery: Key Weekly Close Above $290 Could Signal Strong Rally

Bittensor ($TAO) – Impulse Pullback Continuation Setup (LONG) Bittensor ($TAO) is showing promising bullish potential as it sets up a classic impulse ➜ pullback continuation on the 4-hour chart. Traders looking for a strategic long position can consider the following technical details. Pair: $TAO / USDT Timeframe: 4H Current Price: $279.1 Entry Zone The ideal entry range for a long position is $272 – $282, allowing traders to take advantage of the ongoing pullback within the bullish structure. Market Bias The market turns more decisively bullish above $288, confirming the continuation of the uptrend. Targets TP1: $295 – near-term profit-taking level TP2: $310 – intermediate resistance area TP3: $335 – extended target if momentum holds Stop-Loss A protective stop-loss is recommended at $255, helping manage risk if the setup fails to play out. Summary $TAO is showing a textbook bullish continuation pattern after its recent impulse move. Traders can look for pullback entries in the $272 – $282 zone and monitor price action around $288 for further confirmation. Proper risk management with a stop at $255 ensures a balanced trade approach while aiming for $295, $310, and $335 targets.

Impulse ➜ Pullback Continuation Setup (LONG) Pair: Bittensor ($TAO ) / USDT Timeframe: 4H Current Price: 279.1 Entry Zone: 272 – 282 Bias: Bullish above 288 Targets: 🎯 TP1: 295 🎯 TP2: 310 🎯 TP3: 335 Stop-Loss: 255

$TAO just made a sharp impulsive move after bouncing strongly from the 265 area, pushing price straight into a heavy resistance zone near 300. The move up was fast and aggressive, but the rejection from the highs shows buyers are slowing down and sellers are starting to step in. The 265 – 270 zone is the main support, where price previously based before the breakout. As long as this area holds, deep downside is limited. On the upside, 298 – 302 is a major resistance zone where price already got rejected once. If $TAO fails to reclaim this level cleanly, pullbacks and short-term downside pressure can continue. A strong hold above 305 would flip the bias back to bullish.