🤖 Bittensor ($TAO ) Analysis: Is the AI Narrative Cooling or Preparing for a Leg Up?

$TAO is currently trading in a neutral RSI zone (approx. 53), but the 4-hour chart shows a hidden bullish divergence. While the 50-day MA is sloping down, the 200-day MA at $328 remains the "line in the sand" for bulls.

As AI tokens face volatility, $TAO's decentralized subnet model remains the most robust fundamental play in the sector.

We are seeing strong support being defended at the $317 mark.

Trade Plan:

• Entry Zone: $310.

• TP1: $315.9

• TP2: $320.0

• TP3: $328.4

• SL: $305

Market Note: Watch the correlation with NVIDIA stock today; if tech risk stabilizes,

$TAO is primed for a 5-10% recovery.

#bittensor #AI #TechnicalAnalysis #TAO

TAO

307.2

-2.96%