TAO is moving through a classic breakout retest right now. Price is sitting around 289.8 which puts it down a little over two percent on the day but the structure still looks active. It ran up to 311.8 earlier then pulled back close to the 279 zone before bouncing again. So the market is swinging hard like it usually does with AI related tokens.Volume is strong with more than one hundred thirty five million TAO traded worth almost forty million USDT. That tells you traders are paying attention and the move is not happening on weak liquidity.The chart is on the one hour timeframe and the big thing is the breakout. TAO smashed through a downward trendline with clean green candles which usually signals a shift in short term momentum. After that push it pulled back and is now sitting right on the breakout zone near 289 to 294. This area matters a lot because breakouts often retest before deciding the next direction.The moving averages are tight around price. MA7 is just above at 289.9. MA25 is slightly below at 287.9 offering a bit of support. MA99 around 290.4 is right in the same mix. When all three cluster like this it usually means the market is choosing its next move and any strong candle can tilt the trend quickly.TAO is basically at a decision point. If it holds the breakout zone it can try another push toward the 300 to 310 range. If it loses this level cleanly it can slide back to the 280 area or even lower. TAO is known for big swings so anything can happen fast here.#TAO#USDT#Bittensor#CryptoTrading#AItoken $TAO

TAO
TAOUSDT
283.7
-3.24%