Bittensor TAO Compresses Between $332 Support and $400 Resistance as Breakout Looms

The Bittensor (TAO) price is currently consolidating around $378, positioned between critical support at $332 and resistance at $400. Traders and analysts are closely monitoring this tight range, as the next move—whether a breakout above $400 or a breakdown below $328—could signal the next phase in TAO’s price action. The daily chart shows TAO has not closed above $400 since July, making this level a key psychological and technical barrier for bulls. Meanwhile, the $346–$332 zone has repeatedly held as a reliable support area, with buyers stepping in to defend the mid-$300s [1].

According to trader Sam Mti, a close above $390 could open the path to $440–$460, reinforcing the bullish potential if the range is broken [1]. Recent price behavior—such as TAO wicking to $350 before rebounding—demonstrates that buyers remain active in the mid-range. The $346–$332 level has acted as a “sniper reload” zone, where multiple bounces have occurred, offering traders a defined entry point for long positions. Conversely, if TAO falls below $328, the bullish structure would be invalidated, and the price may retest the lower end of the range or even test the $300–$320 level [1].

The current price structure is marked by a defined triangle pattern forming near the mid-range of the consolidation. Trader Mags described TAO’s setup as one of the “cleanest bullish structures” in the market, with the potential to break out to new all-time highs if the $400 level is successfully cleared [1]. This technical formation has traders on edge, as it often precedes significant directional moves. The Heikin Ashi 12-hour chart also shows TAO in a state of consolidation, with resistance at $390–$400 acting as a cap for over a month [1].

At the time of writing, TAO is trading at $378.45, down 1.21% in the last 24 hours but up 1.62% over the past week, according to data from CoinGecko. The 24-hour trading volume stands at $188.9 million, indicating active engagement despite the sideways movement [1]. Momentum indicators show mixed signals—short-term trends suggest bullish bias after repeated bounces from the mid-$300s, while the medium-term remains within a defined range [1].

Market observers are closely watching the $390–$400 level as a pivotal trigger for the next leg of TAO’s movement. A confirmed close above this range would serve as a bullish confirmation, while a drop below $328 could shift momentum back to sellers. The price action thus far represents a classic case of compression before potential expansion. As such, TAO’s near-term outlook is highly dependent on whether bulls can sustain a move above $400 or if bearish forces regain control.

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[1]title1: Bittensor Bulls Eye $400 Break as TAO Price Compresses Above Key Support. (url1: https://blockonomi.com/bittensor-bulls-eye-400-break-as-tao-price-compresses-above-key-support/)