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Top Analyst Highlights Buy Signal for Altcoin as Price Dips to Key Support

  • Top analyst highlights a buy signal for altcoin Bittensor (TAO) as its price dips to a key support level suitable for long-term accumulation.
  • TAO is currently trading around $369, down nearly 10% over the past week, with strong volatility and a recent retracement from above $400 on May 31.
  • Analyst van de Poppe points out a green 'buy-the-dip' zone between $360–$375, noting historical reactivity in this range which could signal upward movement.
  • With TAO's market cap at $3.24 billion, 24-hour trading volume at $168 million (up 92%), and circulating supply of 8.79 million out of a 21 million max supply, the altcoin presents a favorable risk-reward setup for buyers.

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