Bittensor (TAO) is currently consolidating between a key support level of $250 and resistance around $282-300. Following a significant pullback from the March 16 high, upward momentum has weakened. A successful break above $300 could lead to a test of $313; a break below $250 could lead to a test of the $168 support level. The Relative Strength Index (RSI) indicates that upward pressure is weakening, with the market determining whether this is a healthy pullback or the beginning of a deeper correction.

TAO-1.64%
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