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Bittensor (TAO) has recorded a significant price increase of 18% over the past 24 hours, reaching a trading price of $308. This rally marks the first time the asset has crossed the $300 threshold since late November 2025, signaling a strong return of buyer interest. The price action represents a major breakout from previous consolidation levels, though the token is now testing a critical technical resistance zone. Analysts note that this specific barrier has remained intact for approximately four months, acting as a ceiling for price gains. Breaking through this psychological and technical level could attract further momentum from market participants and increase liquidity. However, the confluence of resistance at these levels may introduce short-term volatility as traders assess the sustainability of the move. Market participants are closely watching if TAO can maintain its position above this newly breached resistance to confirm a long-term bullish trend.
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