Markets· ★★· neutral·

TAO Jumps 20% Weekly but Stalls at $329 Resistance

  • —TAO rose roughly 20% on the week, breaking a key resistance level
  • —Rejection near $329 triggered a three-day decline
  • —Open interest dropped 10% in 24 hours to $502 million
  • —RSI (14) at 70.9 signals overbought; MACD remains bullish
Why it matters: The rally's leveraged fuel is fading as open interest contracts, making a sustained reclaim of $329 the key test for TAO's next move.
#TAO
Source: DiarioBitcoin
More on this
Markets · Sep 22
Bittensor's TAO Jumps 20% to $315, Eyes Breakout Above $350–360 Resistance
 Markets · yesterday
TAO rebounds 20% to $304, tests key resistance at $315
 Markets · Sep 17
TAO approaches $231–232.7 resistance with negative funding