
Crypto analyst Ali Martinez has shared a daily chart of Bittensor (TAO) on X, showing the asset approaching the upper edge of its descending channel.
According to the analysis, a move above the $300 level could trigger a breakout, potentially paving the way toward $350, with $420 highlighted as the next possible target.
As of this writing, TAO is trading at $268.20, up 25.3% over the past week.
Source: Ali Martinez