Bittensor: Should TAO bulls buy now or wait for a pullback below $300?

ambcryptoPublicado em 2026-03-28Última atualização em 2026-03-28

Resumo

Bittensor (TAO) has demonstrated notable strength by maintaining its position above the critical $300 support level, even as major cryptocurrencies like Bitcoin and Ethereum faced selling pressure. The recent move above $302.4 confirmed a bullish structural shift on the 3-day chart, supported by new highs in the On-Balance Volume (OBV) indicator. This resilience is attributed to growing demand for decentralized AI infrastructure. Analysts suggest that a pullback toward the $286–$305 zone could offer a strategic buying opportunity, with potential upward targets at $405–$450. The 4-hour chart reinforces this bullish outlook, showing steady buying pressure and a constructive price structure. However, a drop below $261 would invalidate this optimistic setup. Traders are advised to consider entering within the $286–$319 range, anticipating further gains in the near term.

Bittensor [TAO] continued to trade above the psychological $300 level. While the market leaders Bitcoin [BTC] and Ethereum [ETH] faced strong selling pressure over the past week and were forced to register losses, TAO continued to trend higher.

The $300 was therefore an important support level that swing traders should keep an eye on. Is the sustained uptrend another buying opportunity for TAO traders, or should they take profits and expect a deep retracement next?

The bullish TAO swing structure confirms the trend direction

The move above $302.4 last week represented a bullish swing structural shift for TAO on the 3-day chart. At the same time, the OBV was making new local highs, and a psychological round number resistance had been overcome.

These developments were remarkable, especially as Bitcoin and many altcoins were forced to go lower or trade sideways. The demand for decentralized AI infrastructure likely explained the AI token’s relative strength.

A pullback toward $300 would be a buying opportunity for Bittensor traders and investors. Their next targets would be $450-$500.

Why traders should buy now

The 4-hour chart was quite encouraging. In this timeframe, the price structure was firmly bullish. The technical indicators also supported the upward momentum and reflected steady buying pressure on the altcoin.

The Fibonacci retracement levels (cyan) showed that a retracement was underway. The $286-$305 pocket would be the ideal buying zone, but it is unclear if we will get this dip.

Traders can look to buy anywhere within the $286-$319 area, as many traders and analysts also consider the 50% retracement as a key support in an uptrend. In either scenario, the $405 and $449 levels would be the next targets.

A drop below the $261.1 mark will shift the H4 structure bearishly and invalidate the bullish setup laid out above.

Final Summary

Bittensor continued to trade above the $300 level despite the crypto market correction over the past two days.
This show of relative strength could see another uptrend next week, with $409 and $450 being the next targets.

Perguntas relacionadas

QWhat is the key psychological support level for Bittensor (TAO) mentioned in the article?

AThe key psychological support level for Bittensor (TAO) is $300.

QWhat did the move above $302.4 represent for TAO on the 3-day chart?

AThe move above $302.4 represented a bullish swing structural shift for TAO on the 3-day chart.

QAccording to the article, what is the ideal buying zone for TAO on the 4-hour chart?

AThe ideal buying zone for TAO on the 4-hour chart is the $286-$305 price pocket.

QWhat price level would invalidate the bullish setup and shift the H4 structure bearishly?

AA drop below the $261.1 mark would invalidate the bullish setup and shift the H4 structure bearishly.

QWhat are the next major price targets for TAO if the uptrend continues?

AThe next major price targets for TAO are the $405, $409, $449, and $450 levels.

Leituras Relacionadas

Raising Interest Rates Is Not a Tech Killer, EPS Is: A Strategy for Discarding the Weak and Retaining the Strong After the AI Theme's Sharp Decline

**Summary: Rising Interest Rates Are Not the Killer of Tech; EPS Is: The "Keep the Strong, Ditch the Weak" Strategy After the AI Theme Plunge** The author argues that the sharp sell-off in tech and AI-related stocks, triggered by a strong US jobs report that heightened Fed rate hike fears, represents a "pullback to pick up passengers" rather than a "car crash." The true end of a tech bull market is not determined by an extra 25 basis point hike, but by industry overcapacity and the disproval of earnings per share (EPS) expectations. Historical analysis shows that during past rate hike cycles, the Nasdaq-100 often outperformed, provided EPS growth remained strong. The current phase is seen as a shift from a "broad narrative-driven rally" to a "focused verification stage" for AI. The investment strategy should be to "keep the strong, ditch the weak." * **Retain exposure** to high-conviction AI infrastructure leaders with clear order visibility, stable margins, strong cash flow, and upward EPS revisions (e.g., AI servers, advanced packaging, optical modules, key cloud suppliers). * **Reduce exposure** to high-beta, narrative-driven stocks with unclear profit paths (e.g., some quantum computing, space, or speculative chip stocks), especially on rebounds. Valuation concerns should focus on whether earnings can catch up to high multiples, not on high P/E alone. Crowded positioning signals a concentration into quality assets, not necessarily a market top. The upcoming Q2 earnings season will be a key validation point. The core principle is to hold stocks with proven EPS, while using macro events (CPI data, central bank meetings) to manage timing and risk.

marsbitHá 35m

Raising Interest Rates Is Not a Tech Killer, EPS Is: A Strategy for Discarding the Weak and Retaining the Strong After the AI Theme's Sharp Decline

marsbitHá 35m

CLARITY Act Hits New Roadblock As Ethics Agreement Collapses In Senate Talks

The CLARITY Act has encountered a new obstacle as a bipartisan Senate group's agreement on ethics provisions collapsed. Republicans reportedly reversed their position on a key element that would have allowed state attorneys general to sue the Department of Justice for failing to enforce ethics rules related to President Trump. Democrats viewed this as an "about face" from a prior tentative deal. As a counter-proposal, Republicans suggested limiting enforcement authority to the Attorney General and mentioned impeachment as a potential remedy for violations. The impasse leaves the crypto market structure bill's path to a full Senate vote uncertain. Another major hurdle involves law enforcement groups' concerns that the bill could hinder investigations into blockchain-related crimes like money laundering. The White House Crypto Council is scheduled to meet with these groups to address these issues, particularly around the Blockchain Regulatory Certainty Act. Key Democratic senators have stated their support for the CLARITY Act is contingent on adequately addressing both ethics and law enforcement concerns.

bitcoinistHá 1h

CLARITY Act Hits New Roadblock As Ethics Agreement Collapses In Senate Talks

bitcoinistHá 1h

The Largest IPO in History Ignites Heated Debate: Is SpaceX Worth $1.77 Trillion?

SpaceX's potential IPO is priced at $135 per share, aiming to raise $75 billion and valuing the company at approximately $1.77 trillion, which would make it the largest IPO in history. This valuation has sparked intense debate among investors. Bullish analysts, including major underwriters Goldman Sachs and Morgan Stanley, argue the valuation is justified by SpaceX's long-term potential. They see it not just as a rocket company but as a future leader in space infrastructure, with key growth drivers being Starlink satellite internet, low-cost rocket launches, and future AI-related ventures. They project revenues reaching hundreds of billions to trillions of dollars by 2030-2040. ARK Invest's model suggests a 2030 enterprise value could reach $2.5 trillion. Bearish analysts from independent research firms like Morningstar, PitchBook, and New Constructs contend the IPO price is excessively high, already pricing in unrealistic future growth. Using DCF and sum-of-the-parts models, they estimate fair value between $780 billion and $1.7 trillion, significantly below the IPO target. They highlight risks such as the speculative nature of AI projections, over-dependence on Elon Musk, high growth expectations, and corporate governance concerns. Trefis set a target price of just $79 per share. While both sides acknowledge SpaceX's unique position in commercial space, the core disagreement centers on whether the $135 share price offers a reasonable margin of safety or is overly optimistic. Despite the valuation controversy, reported strong demand for the IPO indicates significant market interest.

marsbitHá 2h

The Largest IPO in History Ignites Heated Debate: Is SpaceX Worth $1.77 Trillion?

marsbitHá 2h

Japan’s Largest Banks Eye FY2026 Stablecoin Rollout Amid Regulatory Push

Japan's three largest banks—MUFG Bank, Sumitomo Mitsui Banking Corp., and Mizuho Bank—are advancing plans to launch a jointly-issued yen-pegged stablecoin by the end of fiscal year 2026 (March 31, 2027). They have established a voluntary council to develop the operational framework, governance, and issuance infrastructure for the token, which will be issued under a trust agreement. The move aligns with Japan's regulatory push to expand its yen-based digital asset market, following 2022 amendments to the Payment Services Act that restrict stablecoin issuance to licensed entities like banks and trust companies. The banks, which began exploring this initiative in late 2025, aim to support a wide range of use cases and are considering future collaborations with other financial institutions. This development occurs alongside other yen-stablecoin launches and recent political proposals to promote such tokens for settlement in Asia.

bitcoinistHá 2h

Japan’s Largest Banks Eye FY2026 Stablecoin Rollout Amid Regulatory Push

bitcoinistHá 2h

After the Passage of the GENIUS Act and the CLARITY Act, What Is the Correct Architecture for On-Chain Yield?

The article discusses the evolution of on-chain credit, distinguishing three markets: overcollateralized crypto lending, unsecured lending (largely unsuccessful), and asset-backed credit (ABC). ABC, backed by identifiable real-world collateral with legal recourse, is identified as the fastest-growing category and the only one credibly addressing adverse selection—the core problem in credit where the riskiest borrowers self-select. Current growth in on-chain Real World Assets (RWAs), particularly tokenized private credit funds (e.g., Maple Finance, Centrifuge), is substantial but often merely "wraps" existing fund structures, inheriting their risks rather than solving adverse selection at the protocol level. The regulatory landscape is a key driver, with the US GENIUS Act (prohibiting stablecoin issuers from paying yield) and the proposed CLARITY Act (closing loopholes on indirect yield) set to redefine permissible yield-bearing products. This makes vaults (like ERC-4626) the critical architecture—they become the primary compliant vehicle for delivering yield, functioning as issuance, disclosure, distribution, and recovery mechanisms. The author's thesis is that the correct post-GENIUS/CLARITY architecture involves building ABC solutions where credit assessment, structure, and recovery are encoded directly into the smart contract vault layer, moving beyond mere tokenized fund wrappers to solve adverse selection fundamentally and ensure regulatory compliance.

Foresight NewsHá 3h

After the Passage of the GENIUS Act and the CLARITY Act, What Is the Correct Architecture for On-Chain Yield?