Bittensor leads the AI correction with a sharp 5% drop, testing holder resolve.
What's Happening:
$TAO falls to $252.
No specific bad news, likely pure profit-taking after recent runs.
Subnet competition is heating up, diluting attention.
High inflation rate argument resurfacing among bears.
Why It Matters: TAO is the Bitcoin of AI. Its health indicates the health of the decentralized AI narrative.
Technical View: $250 is psychological support. A break below opens $220. Resistance at $280.
🎯 Key Levels:
Support: $250.00 | Resistance: $280.00
24h Range: $245.00 - $265.00
💡 Decentralized intelligence is messy.
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#TAO #Bittensor #AI #DePIN #Crypto
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
