Bittensor (TAO) Price Surge: Will It Break Key Resistance?

Bittensor (TAO) has surged nearly 20% in the last 24 hours,

showing renewed investor interest. However, the path forward

has some hurdles.

Key Resistance in Sight
TAO is nearing strong resistance in the Ichimoku Cloud, which

could stall its momentum if it fails to break through.

A successful move past this resistance might support further

gains.

Overbought Conditions on RSI
TAO’s RSI has jumped to 74.51, signaling it’s in overbought

territory, which could mean a short-term correction is likely

before any further climb.

EMA Signals and Price Targets
Currently, TAO’s EMAs are still bearish, but a crossover could

indicate a bullish reversal. If TAO sustains momentum, it may

reach targets at $556, $618, and $682, with potential for up to

33% upside.

Overall, TAO’s trend is promising, but key resistance levels and

possible corrections could shape its next moves.

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