TAO Price Surge to $1,000: Triangle Pattern Signals Bullish Momentum

Bittensor’s TAO cryptocurrency is poised for a significant move toward $1,000. Analysts are optimistic, attributing this potential surge to the expanding DeFi ecosystem and increasing institutional interest in the asset. Currently trading near $398, if TAO breaks above its key resistance level at $420, it could propel prices higher. Technical analysis reveals a tightening triangle formation that suggests an imminent breakout.