#Bitensor $TAO finally moves! Where's the next stop?
$TAO finally found volume to break through $200 with conviction, and now it’s looking unstoppable to return to its psychologically accepted price level above the $210s. Currently trading around $209, $TAO has pushed over 10% through the weekend, after falling to $190.2 on Friday.
However, it’s starting to heat up; the 4H RSI is already oversold, although the MACD is still strongly bullish. The next real resistance for $TAO sits in the $212-$216 zone, the area TAO was trading in back before the July downtrend that created this range in the first place. Clearing $200 was the first test; reclaiming that old high zone is the one that would confirm TAO is back in a genuine uptrend.
The fundamental picture is building alongside as OpenTensor Foundation announced that five additional enterprise platforms, with a combined worth of more than $22B and reaching over 900 million accounts and 1 billion weekly transactions, are now testing RedTeam's cybersecurity technology built on Bittensor.
That's on top of the AEON payments integration from earlier this month, giving TAO two separate enterprise-adoption threads developing at once.
The near-term risk is simply how stretched this move already looks on the technical indicators. So, a near-term consolidation or a pullback toward the breakout level, $200 - $204, is likely before the next leg up.
$TAO must hold $200 on any pullback and consolidate the overbought RSI; a break below $200 will put this whole run at risk of a full reversal down to the $192-$195 support range.
