фото показано с : captainaltcoin.com

The Bittensor (TAO) price is moving again, and this time it’s happening at a level traders have been watching for months. 

Price has finally pushed above the $290 area, a zone that repeatedly stopped every recovery attempt since last year. That alone makes this move hard to ignore.

But this isn’t about a quick bounce. The $290 level sits at the bottom of a range that has controlled Bittensor’s price for over a year. 

How TAO behaves from here will likely decide whether this is just another short-lived rally or the start of a real push back toward higher ground.

The chart indicates that there has been a strong reclaim of the $290 area and that this region has now turned to support. It is also noted that Bittensor is trading above important moving averages.

Volume picked up during the move, adding credibility to the breakout rather than signaling a weak bounce.

However, the structure also shows why caution is still warranted. The TAO price is entering a zone where previous rallies stalled multiple times. 

The next major test sits around $355–$360, an area that rejected price repeatedly throughout 2024 and 2025.Until then, it can only be classified as a relief action but not a reversal at this point.

Momentum indicators seem to be making some good progress, although it does not seem too hot yet. In addition, because the RSI has broken above the overbought level and seems to make an upward trend, it seems more realistic for the continuation hypothesis. On the other hand, this creates possibilities for temporary corrections.

Karamata points out that the $290–$748 range has been respected for over a year. That makes the $355–$360 area critical. 

A fast and decisive break above it would signal that the TAO price is no longer just bouncing, but actively re-entering its old value range.

If it stalls or fails at this level, it’s likely a period of consolidation. While this wouldn’t negate the breakout, it would hinder the rally’s momentum and cause TAO to remain beneath the range’s midpoint.

Read Also: SUI Short-Term Outlook: Where Could Price Be Headed Next?

A breakout above $360 could lead to the area around $420-$450, where a distribution had occurred in the past.

Further than that, the top half of this range from $550 to $750 is again in play. Such a level could only be feasible if momentum picks up and purchasing remains aggressive.

For now, the Bittensor price has done the first hard part by reclaiming $290. Whether Bittensor can force its way back toward highs depends on how price behaves around $355–$360. That level will decide if this is just a bounce, or the start of something much bigger.

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

The post TAO Breakout Starts at $290 – Can Bittensor Price Force Its Way Back to Highs? appeared first on CaptainAltcoin.

92 +