Key highlights:

  • Analysts are watching the $260-$280 zone, which could determine TAO’s next direction
  • A confirmed breakout above this area could open the way toward $340 and $400
  • CoinCodex’s 1-month forecast puts the TAO price at $179.90, below the key $210 support level

Bittensor is approaching a level that has started attracting traders. After spending months trading below a descending trend structure, the TAO price is now testing an area that could determine whether the next move is toward recovery or another leg lower.

Analysts, World of Charts and Rand Group have both pointed to the same region between $260 and $280 as the key breakout zone. If buyers can push the TAO price above that area, the technical picture could improve considerably.

 

Why the $260-$280 area matters for the TAO price

We had a look at the TAO chart and found that the token is trading in a fairly tight range between support near $210 and resistance around $260-$280. World of Charts believes the TAO price is close to breaking out and could rally toward a major descending trendline in the coming weeks. 

At the time of the analysis, TAO was trading near $243, placing it directly between those key support and resistance levels. That resistance zone is important because it has repeatedly capped recovery attempts. 

If TAO breaks above $280, it gets back above that long-term descending trendline that's been running the show since the 2024 peak. That would flip the script, and traders would start eyeing $340 and $400 next. But until that happens, the market is just sitting tight. Waiting to see if the breakout is real or not.

Another analyst sees the same TAO setup developing

Rand Group is looking at a similar structure. In a recent post, the analyst argued that TAO is "heating up engines" and remains on a path toward four-digit valuations over time. We had a look at that chart as well and found TAO trading near $233 within a descending wedge pattern. 

This type of structure is often viewed as a bullish reversal pattern when the price breaks above the upper boundary. The first hurdle remains $260. If buyers reclaim that level, the next resistance zones come in at $290, $330, and $370. Beyond those levels, the chart points to additional targets at $410, $450, and $510.

What stands out is that both analysts are focused on almost the same breakout area. One is watching $260, the other is watching $280. Together, they create a resistance band that could decide the TAO price trend for the rest of the year.

What could happen to TAO next?

What happens next for TAO comes down to one thing: can buyers take back the $260-$280 zone? Break above that, and the bullish case gets real. $340 and $400 come back into play. 

More importantly, it would be the first real break above that descending trendline that's been keeping TAO pinned down for months. If that breakout fails, $210 becomes the level to watch. Losing that level could open the door to a deeper retracement toward lower support zones.

For now, the TAO price remains caught between support and resistance. What makes this setup interesting is that multiple analysts are watching the exact same breakout area, which means the next move from this range could carry more weight than usual.

According to CoinCodex’s 1-month TAO price prediction, the price is projected to reach $179.90, which is below the current trading range near $233-$243 and would place the TAO price back below the key $210 support level if that target is reached.