- Bittensor TAO has rallied quickly from below $300 to $465 showing clear momentum ahead of the crucial $475 test.
- Analysts see $475 as a defining point where a decisive breakout could open the path toward the $600 technical zone.
- Trading volume and market participation have both increased sharply indicating stronger confidence among bullish traders.
Bittensor’s native token TAO trades at $465.15, posting a 4.87% daily gain as it approaches a major resistance level at $475. According to a chart shared by market analyst Ali on TradingView, TAO has reached a decisive point that could determine its next directional move.
The asset has recently rallied from sub-$300 levels, marking one of its fastest recoveries this quarter. The chart shows multiple previous rejections near the $475 mark, making this level a crucial inflection point for traders and investors alike.
In his post on X (formerly Twitter), Ali noted that “Bittensor faces a big test at $475. Break it, and a rally to $600 could follow.” The statement aligns with technical formations visible on the chart, where a break above resistance has historically led to strong upward continuations.
The $475 resistance forms the upper boundary of a well-established range that has contained price action since early June 2025. A decisive breakout could potentially pave the way for a move toward $600, a level that aligns with prior liquidity clusters observed earlier in the year.
Technical Structure Signals High Volatility Zone
The current price structure reveals clear symmetry between past highs and lows, with $475 and $280 acting as primary pivot points. On multiple occasions throughout mid-year trading, TAO bounced from the $280–$300 zone before attempting rallies toward the upper range.
Market observers have emphasized that the $475 zone represents more than just a price barrier—it marks a historical liquidity pocket. As seen in June and August, prior rejections around this level triggered swift retracements exceeding 20%.
However, the recent surge has been different. The sharp vertical ascent from $300 to $465 in just days signals strong momentum. Trading volume across Binance’s TAO/USDT perpetual contract has also increased notably, suggesting heightened interest among leveraged traders.
One technical analyst on X highlighted that “this is a classic resistance flip once $475 holds as support or breaks decisively.” The analyst further mentioned that such a setup “often sets up the next leg to $600.”
This statement reflects the broader sentiment within the crypto trading community that a breakout confirmation above $475 would likely invite fresh inflows from both short-term speculators and swing traders seeking continuation patterns.
Could this be the rally that finally propels Bittensor beyond its year-long trading range?
Traders Monitor Reaction at $475 for Confirmation
The chart posted by @ali_charts clearly outlines a well-defined horizontal channel, underscored by precise reaction points on both ends. Each time TAO has touched the top boundary, it faced swift rejection. Conversely, each test of the lower boundary near $280 resulted in rapid recovery.
Recent social media discussions among traders echo similar sentiments. One user noted, “That $600 target lines up perfectly with prior liquidity zones.” Another added, “If it breaks $475, we might just see some fireworks heading toward $600.”
The consistency of these reactions supports the idea that market participants are closely watching whether the price consolidates or decisively breaks higher. If TAO sustains above $475 for several sessions, many believe it could validate a bullish breakout pattern.
Meanwhile, momentum indicators and price acceleration suggest that short-term traders may already be positioning for potential volatility. A failure to maintain momentum could lead to a pullback toward mid-range levels near $365, an area that served as previous support and resistance.
Regardless of direction, Bittensor’s price action this week stands as a key moment for technical traders. The $475 mark, once again, defines the boundary between consolidation and a potential surge toward $600 — a level not seen since earlier in 2025.
