• Bittensor (TAO) posts a strong 35.35% daily surge with renewed buying demand.
• Market structure shifts to bullish as the price stabilizes above the $360 zone.
• RSI and MACD confirm a strengthening bullish momentum in the short term.
• Holding above $360 could fuel a rally toward the $460–$500 range.

Bittensor (TAO) continues its upward momentum, posting impressive gains across the board. Over the past 24 hours, the token has surged by nearly 35.35%, while its weekly chart reflects an additional 27.25% increase. The rally underscores growing investor interest and heightened market confidence.

At the time of writing, TAO is trading at $404.45, supported by a sharp rise in trading activity. Its 24-hour trading volume stands at $524.3 million, marking an 81.53% increase. The market capitalization also jumped by 35.38%, reaching $4.07 billion and placing TAO among the most active performers in the crypto market.

This renewed trading activity highlights growing investor confidence, as market participants turn their attention to one of the best-performing assets in the market. The strong upward trend reinforces TAO’s position as a leader in short-term performance across major altcoins.

Also Read: Bittensor Breakout Alert: TAO Could Soar to $819 Soon

Technical Indicators Support Bullish Momentum

Following the recent rebound, TAO has formed higher lows, signaling early accumulation and a trend reversal. Candle structures show expanding bullish candles as the token reclaims mid-range liquidity levels. The price action reflects renewed market confidence, transitioning from earlier selling to steady buying.

TAO continues to trade firmly above its breakout level, showing good strength. Analysts expect near-term consolidation between $380 and $400 before a possible additional upward surge. Such consolidation areas usually symbolize reformation areas, giving the market time to gather strength before continuing a big move.

If bullish momentum perseveres, the next significant resistance areas are around $460 and $500. Keeping the price above $360 will be necessary to preserve this optimistic view. Breaking the level of this barrier could undermine the bearish structure, whereas a conclusive breakout above $420 will reinforce hopes of further advances.

Bittensor Indicators Reinforce Uptrend Strength

Technicals also reaffirm the bullish trend of increasing hopes for Bittensor. The Relative Strength Index is at 66.38, almost reaching the overbought area, showing high dominance of buyers. Despite the RSI indicating near-term strength, the traders must be watchful about minor dips because the market continues to consolidate.

The Moving Average Convergence Divergence (MACD) also supports a bullish bias. The MACD line remains steeply upward away from the signal line, with the histogram growing in the positive area. This formation signals good bullish momentum and that TAO may be entering the initial phase of the wider breakout phase.

Also Read: Bittensor (TAO) Breakout: Analysts Eye $900 Target