<ul data-eligibleForWebStory="true"><li>The cryptocurrency TAO is consolidating in a range between $350 and $434, with $434 acting as resistance and $350 as support.</li><li>Failure to close above $434 signals bearish confirmation, leading to a drop into the support zone.</li><li>The orange support zone has historically been a key area for price rebounds, preventing deeper corrections.</li><li>As long as TAO remains above the support level, it could consolidate in the orange-blue range and potentially move towards the $434 resistance.</li><li>A bearish scenario exists if TAO closes below the orange zone and turns it into resistance, potentially leading to a sharp decline.</li><li>Historically, TAO has dropped to $216 when bearish confirmation occurred in the past.</li><li>Despite recent market pullback, caution is advised against excessive bearish sentiment, as long as the orange support remains intact.</li><li>Rekt Capital suggests that the consolidation phase within the $350–$434 range is active with a neutral-to-positive outlook.</li></ul>

Bittensor Holds Critical Support Range as Bears Test $350–$434 Zone

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