GainMuse

🔻 $TAO momentum looks fragile as price stalls beneath $280.

If supply continues to cap price within this narrow range, a renewed push toward the lower target zone could unfold.

📉 Technical View:

Pattern: Range compression developing under a broader bearish channel

Bias: Bearish while price remains limited by the descending resistance line

Key Level: Upper range ceiling near resistance and the lower support slope

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⚠ This bearish scenario may be invalidated if TAO manages to break out and hold above the descending resistance, shifting structure away from distribution.

#TAO #Bittensor #TAO price analysis#