Bittensor is experiencing a violent expansion in volatility, catching a strong bid. The move from $248 to a peak of $288.90 is a massive 12%+ swing, and the rejection at the top suggests short-term exhaustion. The current pullback to $283 is natural profit-taking. I am looking for the price to establish a higher low above $275 to confirm that this isn't just a fakeout. The previous resistance around $270 is now acting as a strong support floor.
EP
$272.00 - $278.00
TP
$289.00
$300.00
$312.00
SL
$265.50
A strong bounce off $275 with rising volume would confirm the next leg toward $300. A decisive close below $265 would indicate the recent breakout was a liquidity grab, invalidating the bullish setup.
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