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Coin Edition 2025-05-30 18:15:00

Bittensor (TAO) Holds $400 Support Amid Pullback, Analysts Target $800 Rally

Bittensor (TAO) Holds $400 Support Amid Pullback, Analysts Target $800 Rally

Bittensor’s price fell from a peak of $450 on May 24, declining 11.79% over the last week. If the price stays below the $420 level, it could risk falling to the support range of $390. Analyst Michaël van de Poppe expects TAO to reach $700–$800 if it breaks above $472. Bittensor’s native token, TAO, is attracting market attention as it attempts to move past the major resistance zone. At the time of writing, TAO is trading at $401.68 after the price dropped by 11.79% over the past week. Following its recent peak of $449.68 on May 24, the token has become much more volatile with bulls and bears struggling for dominance around the $400 level. According to TradingView data from May 30, 2025, TAO is currently consolidating above $400 after being unable to continue pushing past the $450 resistance. Between $450 and $472.30 lies the critical resistance region, acting as a barrier since early 2025. Analyst Michaël van de Poppe points out that this area acts as the “final resistance,” and a breakout could lead to a surge upward. He sees prices below $400 as an attractive entry, considering TAO as a unique performer in his portfolio. $TAO looks gre… The post Bittensor (TAO) Holds $400 Support Amid Pullback, Analysts Target $800 Rally appeared first on Coin Edition .

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