Bittensor's TAO token surged 160% to $375 but is now at a critical juncture as technical indicators signal warning signs. The TD Sequential indicator on the 3-day chart has issued a sell signal, suggesting the trend may be exhausted. Despite influencers heavily promoting TAO as "the next Bitcoin in the AI space," its price has faced resistance near the $360-$380 zone. Falling below $300 could indicate a further correction to $260-$280, while to reignite the upward trend, the price needs to sustain a breakout above $380.

TAO1.66%
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