Bittensor TAO Price Alert: Could It Drop to $235 Before Rallying to $307?
Bittensor's TAO token faces a critical inflection point. Analysts are watching two key price levels that could define its trajectory in the coming weeks.
Support or Breakdown?
All eyes are on the $235 zone. A hold here could signal a consolidation phase, but a decisive break below might trigger a deeper correction. The market's patience—or lack thereof—will be tested.
The Rally Target
Conversely, a successful defense of support could pave the way for a push toward $307. This level represents a significant resistance hurdle that bulls need to conquer to confirm a renewed uptrend. It's the classic crypto dance: one step back, two steps forward, assuming the music doesn't stop.
Market mechanics, not sentiment, will dictate the next move. Remember, in crypto, a 'strategic pullback' is often just a fancy term for a loss that hasn't been realized yet. The path to $307 runs directly through $235—whether that's a springboard or a trapdoor remains to be seen.
TAO Price Breaks Symmetrical Triangle Pattern
According to market analyst CryptoPulse, TAO recently broke down from a symmetrical triangle formation, a pattern often associated with periods of consolidation before sharp moves. Following the breakdown, prices accelerated lower, quickly reaching a lower-timeframe support zone and delivering roughly 10 percent downside from the pattern’s resolution.
Although the token has since staged a modest rebound from that area, CryptoPulse noted that selling pressure remains elevated and momentum indicators have yet to signal a decisive shift in favor of buyers.
The analyst added that patience may be warranted under current conditions. Rather than chasing a short-lived bounce, traders are monitoring the next significant daily demand zone NEAR the $235 level. This area is viewed as a region where stronger buyer interest could emerge, potentially providing a more stable base if broader market conditions allow.
Source: XBittensor (TAO) Faces Downside Risk Unless Price Reclaims $292
TAO Price Prediction for 2025
According to DigitalCoinPrice, TAO could regain upward traction over the course of the year. The platform indicates that after experiencing notable weakness in early January, the token may gradually recover and attempt to surpass the $307.72 level by year-end.
More optimistic scenarios outlined by market observers anticipate that, if momentum strengthens and network fundamentals support renewed interest, TAO could eventually challenge its previous all-time high near $767.68. In such a case, analysts expect the token to consolidate within a higher range, potentially between $294.64 and $307.72 in the near term.
While these projections remain speculative, they highlight the contrast between short-term technical fragility and longer-term expectations of growth within the Bittensor ecosystem.
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