Is Bittensor’s Rally Over? Analysis of TAO Price Action

Bittensor’s price has experienced a significant surge this month, reaching a high of $367 after starting at around $230. However, TAO’s price action shows signs of potential reversal as analysts like ‘Patel’ provide insight. 3-hour chart analysis reveals a clear uptrend in the past few weeks, with the price consolidating between parallel boundaries before recently hitting resistance. This was followed by an unexpected decline.