Bittensor TAO: Eyes $350 Breakout

Bittensor TAO pushes for a breakout to $350, according to trader Michaël van de Poppe. The token endured a heavy crash from a subnet exit in recent months, yet price action stalled without further drops, forming a classic ascending triangle pattern that screams upward momentum. This decentralized machine learning network, powering blockchain-based AI models, rebounds strongly, drawing parallels to Bitcoin BTC resilience in volatile crypto markets. Investors eye TAO price prediction upside as the build-up intensifies, shaking off the crypto market crash tied to subnet drama.

From a technical confluence standpoint, TAO trades at $263.9 inside a bullish trend structure, hugging the upper Bollinger Band resistance at $264.94 while the MACD flashes a golden cross at 1.85, signaling sustained buying pressure. RSI at 66.96 sits neutral but leans overbought, suggesting a quick dip to the EMA50 support around $252.2 could refresh momentum before charging higher—classic setup for continuation in this AI-driven token, especially with the EMA200 at $265.06 acting as immediate overhead resistance to conquer.