Bittensor’s TAO Holds $336 Support – Traders Target $373 Breakout

Bittensor’s TAO token refuses to die—bulls dig in at $336 support, setting sights on a $373 surge. Here’s the playbook.

The Floor Holds (For Now)

TAO’s price action shows stubborn defense at $336, a level now acting as crypto’s latest ’do or die’ zone. Traders are betting heavy that the AI-focused token’s infrastructure narrative outweighs another round of ’degen’ capitulation.

The Upside Gambit

A clean break above $373 opens the path to retest May’s highs—assuming, of course, that the broader market doesn’t decide to ’efficiently reallocate capital’ (read: crash) first. Liquidity pools suggest algo traders are front-running the move.

The Fine Print

TAO’s 24-hour volume remains thin compared to its glory days. Either this is a coiled spring or proof that even AI tokens can’t escape crypto’s favorite law: ’nobody cares until it pumps.’

TAO bulls gather strength for their next move

Source: TAO/USDT on TradingView

TAO’s price action has been encouraging over the past month. The Fixed Range Volume Profile, which mapped heavy trading zones, showed the Point of Control (PoC, red) NEAR $357, a level TAO keeps revisiting.

On top of that, the 20 and 50-period moving averages showed momentum has flipped bullish.

This was also evident from the price action, which surged past the $270 level to flip the swing structure bullishly. A strong rally to $373 followed this up, the 61.8% Fibonacci retracement level.

Meanwhile, OBV slowly trended higher over the past ten days while the price consolidated around $357, which was a bullish sign.

A breakout past $373 would signal that Bittensor was ready for a rally to the Value Area High at $480 (blue).

Source: TAO/USDT on TradingView

However, the four-hour chart told a quieter story.

On H4, the OBV was not trending higher but formed a range over the past two weeks. It resembled the price’s range formation in recent days.

This signals less short-term buying pressure than the daily chart suggests.

The moving average lines crisscrossed without a clear direction, once again highlighting the lack of a trend from TAO. The range formation between $336 and $373 was clearer on the 4-hour chart.

The PoC at $357 has been defended as support, which could see a 4.5% bounce to retest $373-$375.

Liquidity pocket clues hint at a bullish breakout

Source: Coinglass

The liquidation heatmap of the past month highlighted the build-up of liquidation levels at the $380-$390 region. This liquidity cluster could be swept before Bittensor bulls face rejection.

This could be followed by a price pivot southward in search of the liquidity at $318-$330.

However, if BTC can stay above $95.7k in the short term, it could set the stage for a breakout move toward the $480-$500 region. In that context, TAO would need to see increased demand as well.

Traders should expect a rally, but also be prepared for a potential liquidity hunt to $380.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion