• Bittensor is trading at $390.45, down 6.12%, with $3.96 billion market cap and $877.55 million volume.
• Strategists are projecting a $330 c-wave extension, a continued bullish trend, should the price remain above the $285 support zone.
• A breakout above $525 could propel TAO toward $748 and $1,110 resistance zones.

Bittensor (TAO) is trading at $390.45, having registered a decline of 6.12% within the last 24 hours. It has a market capitalization of $3.96 billion and a 24-hour volume of $877.55 million, making it a 0.11% market dominance throughout the crypto space.

Bittensor Maintains Bullish Structure Above $285 Support

Crypto analyst noted that the current analysis indicates that the c-wave of Bittensor is still unfolding, and the 100% extension target remains at $330. Analysts are quick to note that keeping the price stable above the key $285 support area maintains the bullish “white scenario” firmly intact.

Market sentiment for TAO remains cautiously optimistic as the trader looks to the major technicals to confirm sustained momentum. Holding above $285, and this could be the catalyst for the continuation of the current bullish structure, targeting potentially another leg higher towards the anticipated wave cycle target of $330.

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TAO Holds Between Key Technical Zones

Based on market analysis, TAO is now trading around $440, placed between the 0.382 Fibonacci area of around $386 and the 0.618 area of around $525. These are key middle areas where price movement may be determined soon. An upwards break above $525 may open higher zones of around $748 and even $1,110, indicating the token’s subsequent significant breakout area.

On the downside, a weekly close below $386 may trigger the price retest of the area of $300–$350, according to analysts, which represents a strong buying area. Under the “wholesale” buying area, the price of $250–$300 falls, and the “retail” or the area of profit-taking is seen above $748.

Analysts trace out the definitive trading expectations that the initial entry may occur on the price of TAO reclaiming and trading above $386–$405, and the second on a breakout and retest of $525 and solid volume. If momentum should build, price targets come in the area of $600, $748, and ultimately $1,110.

Invalidation happens, though, should TAO fall through the key of $386 on the weekly, where further invalidation would be through channels of $220-$200. With short-term loss, Bittensor remains an anxiously observed project where investors watch these key points for possible bounce and future growth prospects within the next weeks.

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