$TAO /USDT (Buy - Long)
Market Outlook: Breakout of "Parabolic" and momentum driven by artificial intelligence
The Bittensor (TAO) token is currently the rising star after a 15% increase, surpassing the psychological barrier of $300. This rise is supported by praise from the CEO of NVIDIA and the launch of the "Covenant-72B" model, which has proven the actual viability of the network. Technically, the price is now in the "Price Discovery" phase after breaking the long-term downtrend line.
Current Price: Approximately $314
Entry Zone: $304 – $309 🟩
Stop Loss (SL): $292 🛑
Profit Taking Targets:
🎯 Target One: $320
🎯 Target Two: $335
🎯 Target Three: $355
Trading Advice: The current momentum is very strong, and it is expected that the $300 area will act as new support (Support Flip). It is advisable to monitor "trading volumes" at the entry area; staying above $312 will quickly open the door to $400 levels.
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