Based on Cryptofrontnews, Bittensor (TAO) is approaching a major higher-timeframe support zone between $260 and $310 as the market prepares for the upcoming halving. Price action has stabilized near $293.20, with traders reducing leverage exposure and observing a controlled correction. Liquidation data shows balanced activity, with no major spikes since early October. Analysts suggest the halving may contribute to the current negative tone, but the support zone has historically held strong, potentially setting the stage for a rebound afterward.
Bittensor Nears Key Support Zone Ahead of Halving as Market Activity Cools
CryptofrontnewsShare






Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.