Bittensor price breaks out of falling wedge pattern: How high can TAO go?

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Bittensor (TAO) has quietly returned to the spotlight after weeks of compressed price action and growing technical tension. The TAO price has broken out from a falling wedge pattern on the 4-hour timeframe, a structure that often signals the end of a corrective phase. Bittensor price chart analysis | Source: TradingView This breakout has shifted short-term sentiment from cautious to constructive, as buyers defended key support levels with conviction. Notably, the move did not happen in isolation, as it followed a prolonged period of consolidation near the lower boundary of a broader descending channel. That base-building phase allowed selling pressure to cool while stronger hands gradually absorbed supply.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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