TAO +18.69% in 24 Hours Amid Strong Technical Momentum

On SEP 3 2025, TAO rose by 18.69% within 24 hours to reach $321.2, TAO rose by 68.86% within 7 days, rose by 196.51% within 1 month, and dropped by 2705.22% within 1 year.

The recent 24-hour price surge marks one of TAO’s most significant short-term rebounds, reversing a broader long-term bear trend while reinforcing its volatility profile. Over the past month, TAO has demonstrated a consistent upward trajectory, with technical indicators aligning in support of continued bullish momentum. On-chain analytics reveal increased buying pressure across multiple exchanges, though no specific macroeconomic or regulatory catalysts have been identified to explain the recent move.

A closer look at TAO’s technical chart reveals key support levels being retested and subsequently held, suggesting a shift in market sentiment. The 50-day moving average has crossed above the 200-day line, signaling a potential bullish reversal. Additionally, the Relative Strength Index (RSI) moved into overbought territory after the latest 24-hour rise, indicating short-term exhaustion but also highlighting the strength of the current rally.

Backtest Hypothesis

Given the recent technical signals and TAO’s price performance, a backtesting hypothesis has been developed to evaluate the reliability of the current trend. The proposed strategy uses a moving average crossover model, where a short-term (e.g., 50-day) moving average crossing above a long-term (200-day) moving average triggers a long position. This approach is designed to capture the initial upward momentum seen in the last month. Stop-loss and take-profit levels are set at 15% and 30% of the entry price, respectively, to manage risk and lock in gains. The backtest aims to validate whether the current technical configuration could have historically captured similar bullish moves, providing empirical insight into the strategy’s potential effectiveness.