🔥 1. Recent Price Action & Technical Levels
$TAO is trading under pressure just before/around its first halving event, with short-term bearish signals: RSI turned slightly down and MACD showing a negative bias. A break below key support around ~$286–$290 could lead to more downside risk.
Major resistance sits near $475–$480. A break above this zone could unlock a further move toward $600+ in a sustained recovery.
📉 2. Supply Shock: Halving Impact
The Dec 14, 2025 halving cuts daily TAO emissions by 50%, reducing supply pressure. Historically, such events can support higher prices if demand remains.
Scarcity amplification is strengthened by a large portion of TAO being staked, lowering tradable supply.
📈 3. Bullish Setups & Catalysts
Analysts note structural bullish patterns like golden cross on EMAs and inverse head-and-shoulders, signaling a possible trend reversal if confirmed.
Institutional flows and products (ETPs), plus filings like a Bittensor trust, are adding credibility and fresh capital interest.
🌀 4. Market Sentiment & Volatility
Derivatives outflows previously drove volatility (e.g., a 15% drop), but spot buyers have stepped in, showing accumulation interest despite short-term sharp moves.
Mixed sentiment: some technical analysts see confirmation for rebounds; others highlight bearish momentum if support breaks.
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📌 Key Price Levels – Watch
Level Meaning
$286–$290 Critical support zone
$420–$480 Resistance area to break for bullish trend
$600+ Secondary target if momentum accelerates
Below $280 Additional downside risk
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🧠 Quick Summary
Bullish factors: ✔️ Halving reducing supply pressure
✔️ Institutional interest & ETP filings
✔️ Technical breakouts being tested
Bearish risks: ❌ Breakdown below support could extend losses
❌ Derivatives cooling and negative MACD/RSI
❌ High volatility remains

$TA


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