. Bittensor (TAO/USDT) Analysis

$TAO is currently in a heavy accumulation/bottoming phase. Unlike BTC and ETH, its Stochastic RSI is at 10.4, meaning it is extremely oversold. This represents a high-reward setup as the selling pressure from the recent governance crisis exhausts.

​Entry Strategy: $245 – $249. The price is currently resting right on the MA(99) (purple), which is acting as a major floor.

​Take Profit 1: $297 (Targeting a move back to the MA(25)).

​Take Profit 2: $340 (Previous consolidation high).

​Stop Loss: $224 (Below the recent structural low of $234)$TAO

TAO
TAO
256
+3.56%

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