$tao TAO Bittensor Descending Triangle Pattern

TAO TAOUSDT Bittensor/Tether shows large descending triangle pattern forming on the Weekly timeframe— a classic setup for a major breakout when price breaks the downtrend line.
Current Price: $419

#TAO Chart Structure & Trend

Strong horizontal support between $224–230
Price recently bounced strongly from around $315 to $401, signaling momentum building toward a potential breakout of the triangle.
A decisive breakout above $450–470 would likely confirm a bullish reversal.

Key Levels
* Short-term: between $450–470 (trendline resistance and breakout zone)
* Medium-term: $630 (tp1)
* Extended: $870 (tp2) and $1,108 (tp3)


Invalidation of this Bullish bias is under $315