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TronWeekly

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Bittensor (TAO) Struggles at $421: Can Bulls Defend Critical $412 Support?

  • Bittensor (TAO) is trading at $421.32, reflecting a decline of 5.54% in the last 24 hours with a consistent short-term bearish trend.
  • Price remains below the 9 EMA at $428.03, indicating ongoing selling pressure, with key support near $412.
  • RSI at 37.86 and bearish MACD crossover signal weak momentum and limited buyer interest.
  • Despite facing resistance at $428, a break above the 9 EMA could lead to a recovery toward the $437–$440 range.

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