The post Bittensor (TAO) Faces Key Resistance at $475 appeared on BitcoinEthereumNews.com.

Altcoin Analysis Bittensor (TAO) has surged sharply in recent sessions, climbing toward a major resistance level near $475 that could determine its next big move. The token’s price action shows a strong recovery after bouncing from the $290 region earlier this month, posting an impressive rally that has captured traders’ attention across crypto markets. On the 4-hour chart shared by analyst Ali, $475 marks a decisive barrier that has historically acted as a ceiling for TAO’s price. The last time Bittensor tested this level, sellers regained control, triggering corrections that lasted for weeks. However, the latest bullish momentum appears stronger, suggesting that a successful breakout could open the path toward the next target zone around $600. Technical Indicators Signal Strength TAO’s daily chart shows the asset holding near $443 at the time of writing, following a brief pullback from the $468 intraday high. Despite minor corrections, the broader trend remains upward, with the Relative Strength Index (RSI) hovering around 67 – still below the overbought threshold, indicating room for additional upside. Meanwhile, the MACD continues to show positive momentum, with the blue signal line crossing above the orange trend line – a classic bullish setup that often precedes continuation rallies. Bulls Eye $600 if Resistance Breaks If Bittensor manages to close decisively above $475, analysts expect a potential run toward the $600 region, which would represent a new multi-month high. Conversely, rejection at this level could lead to a retest of the $365 support zone before the next directional move. Market watchers are closely observing volume dynamics, as sustained buying activity could confirm the breakout scenario. What’s Next for TAO Bittensor’s strong rebound reflects renewed interest in decentralized AI-related projects, which have been among the most active narratives of the current market cycle. As traders weigh the potential for continuation,…

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Filed under: News - @ October 15, 2025 4:28 pm