Bittensor (TAO) To Rise Higher? This Emerging Fractal Saying Yes!

Date: Thu, July 10 2025 | 07:12 AM GMT

The cryptocurrency market witnessed a major milestone today as Bitcoin (BTC) surged to a new all-time high of $112K. Ethereum (ETH) also joined the rally, climbing close to $2800 with a notable 6% gain. Riding this bullish wave, several altcoins are catching attention — including Bittensor (TAO), the AI-focused crypto.

While TAO has posted a 9% daily gain, what’s really turning heads is its chart structure — one that looks very similar to Sei (SEI), which recently delivered a powerful breakout.

Source: Coinmarketcap

TAO Mirrors SEI’s Breakout Structure

A closer look at SEI’s chart reveals a textbook falling wedge breakout. After forming the wedge, SEI broke out strongly, reclaimed its 50-day and 100-day moving averages as support, and surged significantly.

Now, TAO appears to be tracing that same path.

The chart shows TAO recently forming a descending broadening wedge pattern and is currently trying to breakout with consolidating just beneath the key 50-day moving average resistance at $370. This setup is eerily similar to SEI’s pre-breakout price action — a consolidation coil right before the breakout.

What’s Next for TAO?

For TAO to confirm its bullish structure, it must break and hold above the $370 resistance level — which aligns with the 50-day MA. A successful breakout from here could set the stage for a potential run toward its next key resistance at $489.

However, it’s important to remain patient.

If TAO fails to push above its resistance, it may continue consolidating or even fake out before making a decisive move. Still, the fractal similarity with SEI is encouraging — and it’s giving bulls a reason to stay alert.