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Is Bittensor (TAO) Poised for a Bullish Breakout? Key Pattern Formation Saying Yes!

Is Bittensor (TAO) Poised for a Bullish Breakout? Key Pattern Formation Saying Yes!

CoinsProbe2025/10/13 06:57
By: Nilesh Hembade
TAO+7.71%ETH+0.02%

Date: Mon, Oct 13, 2025 | 05:05 AM GMT

After one of the most unforgettable and painful events on Friday night — which triggered nearly $19 billion in crypto liquidations — the market is showing early signs of recovery. Ethereum (ETH) has surged more than 8%, reclaiming the $4,100 level, and major altcoins are starting to follow suit — including Bittensor (TAO).

TAO is back in the green with a solid 35% jump today, and its chart structure is now flashing a potentially bullish signal that could pave the way for a major breakout in the coming days.

Is Bittensor (TAO) Poised for a Bullish Breakout? Key Pattern Formation Saying Yes! image 0 Source: Coinmarketcap

Symmetrical Triangle Pattern in Play

On the weekly chart, TAO has been consolidating within a symmetrical triangle pattern — a neutral formation that often precedes a sharp directional breakout.

The technical market correction dragged the token down to the triangle’s lower boundary near $295, before the latest crash to $140.9, where TAO managed to recover strongly, demonstrating resilience against the broader sell-off.

Is Bittensor (TAO) Poised for a Bullish Breakout? Key Pattern Formation Saying Yes! image 1 Bittensor (TAO) Weekly Chart/Coinsprobe (Source: Tradingview)

Now trading around $409, TAO has successfully reclaimed its 100-week moving average (MA) at $398.4, a key technical milestone that often signals renewed buying interest. The token currently hovers just below the upper resistance trendline, suggesting growing pressure for a possible breakout.

What’s Next for TAO?

If buying momentum continues at the current level, TAO could soon break above the upper resistance trendline, potentially triggering a bullish continuation pattern. Should this breakout materialize, the next major upside target lies near $622.6 — representing a 51% potential gain from current prices.

However, confirmation is key. Until TAO decisively clears the resistance line, it might consolidate further within its triangle structure as traders await a stronger signal.

That said, the current technical setup — combined with growing market stability — indicates that TAO might be gearing up for its next major move.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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