Bittensor Price Poised for Explosive Rally: 7-Month Support Holds Strong

Bittensor (TAO) is on the cusp of a significant price surge, as its token hits a critical support level that could signal an upward breakout. Analysis of the weekly candlestick chart reveals key indicators suggesting a bullish trend is brewing for TAO. 7-month ascending trendline support has served as a reliable foundation for upward price movements and continues to be a crucial factor in this potential rally. Recent price action shows buyers pushing back against drops, with the most recent candle showing a wick extending down to around $250, indicating strong buying interest at this level.