Bittensor (TAO) Price Explosion: Bullish Flag Pattern Targets $680 Breakout

TAO's technical setup screams momentum—bull flag formation points toward explosive upside potential.

The Pattern That Pays

Flags don't lie. This consolidation screams accumulation before the next leg up. Traders eyeing that $680 target like it's the last lifeboat off a sinking fiat ship.

Market Mechanics

Volume confirms the pattern—smart money positioning while retail still worries about 'regulation risks.' Because nothing says 'sound investment' like chasing patterns named after patriotic textiles.

The Real Story

TAO isn't just tracking price—it's tracking the entire AI narrative. When decentralized intelligence meets speculative greed, you get these beautiful chart patterns that make technical analysts feel useful.

Remember: In crypto, flags fly highest right before the wind changes direction.

• Bittensor shows a bullish flag on the 3-day chart, hinting at an uptrend if support holds.
• RSI at 60 and the MACD bullish crossover signal rising momentum and stronger buying pressure.
• Bittensor faces MA50 resistance; a breakout could spark a rally toward $680.

Bittensor (TAO) is on the bullish price trajectory along with the overall market as the crypto market shifts from a bearish to a bullish phase, and several major tokens are on the recovery. 

TAO is currently trading at $328.5, with recent price action attempting a recovery from the $302. The market has seen multiple failed attempts to break above $360 in August, followed by a steady decline toward the end of the month.

Source: CoinMarketCap

Also Read: Bittensor (TAO) Eyes Strong Upside Breakout Toward $740

Bittensor (TAO) Indicators Point to a Breakout Above $350

Technical indicators support this shift in sentiment. The RSI has climbed to 60, moving away from neutral territory and edging closer to overbought conditions, signaling strengthening buying pressure. 

Source: TradingView

Meanwhile, the MACD has just flipped positive, with the blue MACD line crossing above the signal line, a classic bullish crossover that hints at further upward movement. If momentum continues, TAO could attempt another push toward the $350–$360 zone, though rejection at resistance could bring the price back to $320 support.

Bittensor (TAO) Flag Pattern Eyes $680 Resistance 

Crypto analyst Jonathan Carter highlighted that TAO, Bittensor’s native coin, is at a critical juncture with a test of the bottom support area of a bullish flag chart pattern on the 3-day chart. Technical analysts observe that such a consolidation chart pattern has been holding firm, but pressure is mounting as the market waits for the next decisive move.

The bullish flag chart pattern is classically described as a continuation pattern, typically formed after a strong upsurge before heading to the next ascent. For the setup to still be valid, however, TAO should hold its support trendline and ultimately ascend higher.

Source: X

The most important level to monitor is the 50-day moving average (MA 50). A successful MOVE through this level of resistance might ignite a new burst of momentum, with initial upside targets plotted at $405, $500, $590, and finally $680. 

These are successive areas of technical and psychological barriers, where profit-taking or trend strength confirmation might be sought by market players.

 A failure to sustain the flag support, however, might negate the positive view and bring into focus a more substantial correction, making the current phase a make-or-break moment for TAO.

Also Read: Bittensor Price Prediction: Can TAO Rally Toward $495 Long-Term?