TAO steadies near $250 after September rally fades
- —TAO trades near $251, session low on October 27 was $246.87
- —The token rose from $220 to above $320 in September before retreating in October
- —Key support sits at $245–247, with resistance at $255–260
- —Grayscale filed to convert its Bittensor Trust into an ETF on October 23
Why it matters: Holding $245–247 keeps a recovery in play, while Grayscale's ETF filing could bring fresh capital into TAO.
Source: AMBCrypto