TAO: Jensen Huang Bullish Stance Fuels Holdings

TAO drew fresh attention after Nvidia founder Jensen Huang voiced support for Bittensor, prompting @CryptoMichNL to declare that skipping the token is the wrong gameplan.

The remark highlights how the AI industry impact narrative continues to lift TAO while most traders remain fixated on Bitcoin and broader market moves.

Price action on the 4h chart shows TAO at $241.7 inside a bullish structure, with the EMA50 at $217.48 and EMA200 at $205.08 acting as concrete support; the MACD golden cross at 7.12 reinforces trend strength while the asset tests upper Bollinger resistance at $246.32 and RSI sits neutral at 63.52, suggesting a measured pullback toward the 50-EMA before continuation.

Traders tracking TAO price prediction models now weigh these levels against the Nvidia endorsement for the next directional move.