Bittensor (TAO) just pulled in one of its strongest trading days of the month, with volume ripping past $10 billion right after the Safello TAO ETP went live on SIX.
That listing didn’t just add liquidity, it opened a new door for institutional money, and the market reacted fast. TAO is now pushing straight into a major decision zone on the chart, and traders are watching this level like a hawk.
What you'll learn 👉
Why TAO Price Is Showing Strength Today
The Safello ETP listing is the big catalyst. It gives European institutions a clean, regulated way to get exposure to TAO without touching crypto exchanges.
That fresh access is already showing up in the numbers: volume expanding, liquidity improving, and buyers becoming more aggressive near resistance.
Jack points out that the TAO price is pressing directly into the $305 supply zone, a level that stopped every breakout attempt in the past. But this time, things look different.
The stochastic RSI has already bounced from oversold, momentum is shifting upward, and TAO price action is finally showing higher-timeframe intent instead of quick spikes.
What the TAO Chart Is Showing
For the first time in weeks, Bittensor price isn’t getting rejected instantly at resistance. Price has been grinding upward along a rising trendline and is now sitting right under the $305 wall.
If bulls manage to flip $305 into support, a major liquidity pocket opens up above, and that’s where things get interesting.
Read Also: ZCash vs Chainlink vs Stellar: Why Only One Is Poised for Massive Growth
There’s a clear liquidity magnet around $400, a zone where a huge cluster of previous wicks, stops, and untapped orders sit waiting. In crypto, areas like that tend to get “visited” sooner or later once momentum builds.
The structure also supports the idea. TAO has stopped printing lower highs, volume is expanding, and buyers are showing up exactly where they should if a trend reversal is forming.
Bittensor Price Outlook for This Week
If buyers push through $305 and turn it into support, the next leg could move quickly toward the $360–$400 range. The chart has enough momentum to support that kind of rally, especially with the new ETP bringing bigger players into the mix.
If the TAO price fails to break $305 again, price may pull back toward the rising trendline before another attempt. As long as that trendline holds, the bullish structure remains intact.
Right now, all eyes are on one thing: $305. A clean breakout there could be the trigger that sends TAO into its next major move.
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
