Bittensor (TAO) sees 300% rally, key support at $300, and net outflows signaling continued bullish sentiment.
TAO showed bullish momentum with net outflows and key resistance at $600, signaling potential further gains.
just a year ago, subnets have become crucial to Bittensor’s development, with over 50 active subnets on mainnet and more expected to launch soon. On the upside, resistance hovers between $580 and $600. A sustained break above these levels could trigger a new leg higher for TAO, especially if broader market conditions remain favorable., which could play a role in determining the next moves for TAO.
Investors are advised to keep an eye on Bitcoin’s performance as a key indicator for broader market trends.While Bittensor’s bullish trend remains intact, technical indicators show potential for consolidation. The Awesome Oscillator remains positive, though the shrinking green bars suggest weakening bullish momentum.
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