TAO Token Surges Past $202.50 Resistance as Whale Activity and Open Interest Soar

Bittensor's TAO token has broken out of its three-day bullish run, pushing above the $202.50 resistance and clearing the 20-day EMA while briefly testing the 50-day EMA around $205.82.

The move strengthens the bullish setup, but TAO remains inside its broader bullish flag pattern that has held since March. The next key zone for buyers is the $205-$220 range, with a sustained break above the 50-day EMA exposing TAO to the 100-day EMA at $220.62 and potentially targeting the $240 resistance.

Rising whale orders, buyer-dominated spot flows, and growing Open Interest are all contributing to the bullish momentum, with TAO's trading volume climbing to $128 million to confirm stronger market participation behind the recent rally.