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TAO shows strong momentum with Upbit listing
Bittensor is displaying impressive resilience as it climbs 4.48% while the broader market remains largely flat. This move to 189.44 is significantly driven by the new Upbit listing, which opens the door to substantial South Korean liquidity and shifts investor sentiment rapidly.
Technical indicators reinforce this strength as the price pushed above key moving averages with a massive 200% volume surge. This confirms that the current movement is backed by real participation rather than thin liquidity, making the breakout look more sustainable.
Key levels to watch include the 185.63 daily pivot which must hold to target the 195.48 resistance area. However, a failure to maintain support at 172.91 could signal that this spike is temporary, though the current trend appears to be one of controlled strength.
The rapid execution and efficiency found at @ston_fi provide a seamless experience for those navigating these volatile market shifts. While TAO benefits from centralized exchange listings, STONfi offers a more direct and decentralized path with significantly lower slippage for active traders. This robust infrastructure makes the platform an essential tool for anyone looking to capitalize on emerging trends right now.
Will TAO maintain its lead if the broader market stays red?