Is This the Setup That Puts Bittensor (TAO) Price Back on the Map? Here’s What the Chart Reveals
TAO price might be gearing up for a big move. The token has spent weeks drifting lower, forming a falling wedge pattern that traders often see as a bullish reversal setup.
Analyst Rand pointed this out earlier, noting that TAO is “pushing for the breakout” and looks primed for a potential shift in momentum.
Bittensor Consolidates in Falling Wedge
The chart shows that TAO price has been stuck in a steady downtrend. Each rally has been weaker than the last, and each drop has been slightly shallower, which has created the wedge structure.
This is usually a sign that sellers are losing control. Now the price is pressing right against the upper trendline of the wedge. If it breaks through, that could be the spark for a reversal.
What’s interesting here is how compressed the price action has become. The swings are tightening, and you can almost feel the pressure building.
That’s why traders are paying close attention. Patterns like this often end with a decisive move, and with TAO price already showing signs of strength, the odds of a breakout look stronger than they have in weeks.
Bittensor Price Key Levels to Watch
If TAO does push higher, the first challenge will be reclaiming the zone between $350 and $380. This area has been a wall in the past, so breaking through it would be a strong signal that momentum is shifting.
From there, the path opens toward the $450 level, which could become the next major target if buyers stay in control.
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Of course, there’s always the chance of rejection. If TAO price fails to break out, the price could drift back down to the $280–$300 support zone. This level has acted as a solid base before, and holding it would be important for the token to keep any bullish hopes alive.
Right now, TAO looks like it’s sitting at a crossroads. Falling wedges don’t always guarantee reversals, but they often mark the point where bearish pressure fades and buyers step back in.
If Bittensor price can break out with conviction, it could be the start of a bigger trend shift that takes it back toward higher ranges. But if not, the battle will move back to the support zone. Either way, this setup has traders watching closely — because a big move could be just around the corner.
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