$TAO Price Under Pressure as Bittensor Token Struggles Past $214 Resistance
The Bittensor token ($TAO), priced at $198.96, faces downward pressure following its failure to surpass the resistance level of $214.
CoinCodex forecasts a decline in TAO's price to $147.09 over the next 30 days, representing a drop of 25.02% from its current value.
Techincal indicators show that TAO is trading below its moving averages (20, 50, 100, and 200-day EMA), further indicating downward momentum.