• TAO’s two-year channel pattern shows price momentum shifting from mid-range toward upper resistance.
• Analyst notes TAO flipping $375 from resistance to support before potential rally to $720.
• Halving event could fuel momentum as TAO eyes the upper range for the next breakout.

TAO’s market structure shows an ongoing move within a defined two-year price channel, with analysts identifying renewed strength near the $375 level. The asset’s latest breakout from mid-range resistance suggests potential continuation toward $720 as the next target, coinciding with momentum expectations linked to the upcoming halving.

Channel Structure Defines Price Momentum

The chart shared on November 7, 2025, by analyst Quinten illustrates TAO’s consistent trading pattern between $200 and $720. Data shows the range maintaining stability over an extended two-year period, creating a clear channel for traders to assess long-term behavior.

The current mid-level around $375 has shifted from prior resistance into potential support, indicating the first structural confirmation of upward momentum. This transformation often marks a technical foundation for expansion toward the range’s higher boundary.

The pattern also shows TAO sustaining an upward trajectory since rebounding from the lower $200 range earlier this year. Each rally within the established corridor has historically tested the upper limit before re-entering consolidation, making the present setup particularly significant.

Mid-Range Flip and Market Reaction

According to Quinten’s commentary, the recent move suggests a “resistance to support flip” at the $375 level. This transition may serve as a launch point for renewed bullish sentiment, especially as broader market catalysts align.

The analyst anticipates a potential advance toward $720, representing the range high, supported by cyclical dynamics leading into next month’s halving event. Price stability above the mid-level could confirm a strengthening base before acceleration begins.

The structure resembles prior pre-halving accumulation phases, in which assets consolidated around central pivot zones before sharp directional extensions. Traders have interpreted this development as a signal that TAO may soon begin a sustained rally phase.

Halving Event and Range Expansion Potential

With the halving approaching, traders anticipate renewed inflows as market activity increases across correlated assets. The event historically coincides with reduced supply issuance, often leading to heightened speculative demand.

Chart data suggests that maintaining the $375 threshold as active support remains crucial to sustaining upward continuity. If confirmed, technical indicators imply potential momentum capable of pushing the price into the upper $700 territory.

The visual projection on TradingView depicts an arrowed continuation from the current level toward the upper resistance near $720. This trajectory outlines the anticipated path should bullish volume persist through the halving cycle.

The broader market narrative now focuses on whether TAO can convert its two-year consolidation into a lasting breakout. As the halving nears, the central question emerges — can the asset extend its mid-range flip into a full rally toward $720, or will the channel continue to confine its movement once again?