Bittensor (TAO) is currently consolidating between a key support level at $250 and resistance around $282-300, with upward momentum weakening after a sharp pullback from the March 16 high. A break above $300 could potentially test $313, while a break below $250 could potentially test support at $168. The Relative Strength Index (RSI) shows that upward pressure is weakening, and the market is determining whether this is a healthy pullback or the beginning of a deeper correction.
Bittensor (TAO) is currently consolidating between a key support level at $250 and resistance around $282-300, with upward momentum weakening after a sharp pullback from the March 16 high. A break above $300 could potentially test $313, while a break below $250 could potentially test support at $168. The Relative Strength Index (RSI) shows that upward pressure is weakening, and the market is determining whether this is a healthy pullback or the beginning of a deeper correction.