Bittensor Gains Momentum As Volume Surges and Bulls Target the $426 Resistance Zone

TAO also increased 26.7 per cent in a week and hit a high of $410.35 after bouncing back to a solid support level of $312.62.

The resistance of $426.76 is one of the obstacles since TAO registers more than 92.9 million tokens in the 24-hour volume of trading.

The weekly chart displayed a bullish engulfing candle with robust buying power and revitalization of the market.

Bittensor (TAO) reported an impressive weekly recovery, increasing 26.7% in the last seven days to trade at an approximate of $410.35. The weekly chart depicted a huge green formation of a bullish engulfing candle, which is typically characterized as a strong recovery mechanism after a long consolidation

The token rose drastically at its lowest point per week at $309.04 to a high of $423.70, before some slight pullback was observed. This has created a new momentum that has seen TAO being among the busiest assets in the current trading session with 24 hours trading volume performing above 92.9 million TAO.

TAO Rebounds from Key Support with Renewed Buyer Momentum

The latest uptrend followed a notable rebound from the established support level at $312.62. Increased volume around this zone highlighted renewed trader interest. Notably, TAO’s strong reaction to the support confirms it as a crucial short-term floor. The token’s steady climb from this region shows that buying activity has intensified across spot and derivatives markets. This activity also aligns with volume readings showing 34.24 million USDT traded within the same 24-hour window.

Resistance Emerges at the $426 Level

At its current level, TAO faces visible resistance near $426.76. The price briefly tested this threshold during intraday trading before sellers introduced minor pressure. However, the large-bodied candle still reflects dominant bullish sentiment. The strong 36.55% rise from earlier sessions reinforces the idea that TAO remains within a wide but active trading range. Importantly, the narrow difference between intraday highs and the resistance level indicates a critical short-term decision zone for market participants.

Market Dynamics and Short-Term Trend

Funding and liquidity data suggest balanced trading conditions with moderate volatility. The consistent rise in both TAO and its BTC pair, up 25.5%, underscores synchronized market movement. Furthermore, the candle structure on the weekly chart points to heightened momentum that could influence upcoming sessions. Overall, the current setup highlights a technically driven market supported by high turnover and defined support at $312.